This paper extends the modified affine arithmetic in matrix form method for bivariate polynomial evaluation and algebraic curve plotting in 2D to modified affine arithmetic in tensor form for trivariate polynomial evaluation and algebraic surface plotting in 3D. Experimental comparison shows that modified affine arithmetic in tensor form is not only more accurate but also much faster than affin...

We determine under which conditions three bivariate copulas C12, C13 and C23 are compatible, viz. they are the bivariate marginals of the same trivariate copula C̃, and, then, construct the class of these copulas. In particular, the upper and lower bounds for this class of trivariate copulas are determined.

This paper presents a method for computing the explicitly rational solutions of a trivariate rational system of autonomous ordinary differential equations (ODEs) based on the proper parametrization of its invariant algebraic space curve. It is the generalization of the method in [11]. First, an undetermined coefficients method is given for computing the invariant algebraic space curves of the t...

We use the basic binomial option pricing method but allow someor all the parameters in the model to be uncertain and model this uncertaintyusing fuzzy numbers. We show that with the fuzzy model we can, with areasonably small number of steps, consider almost all possible future stockprices; whereas the crisp model can consider only n + 1 prices after n steps.

abstract We give a formula for the duals of the mask associated with trivariate box spline functions. We show how to construct trivariate nonseparable compactly supported biorthogonal wavelets associated with box spline functions. The biorthogonal wavelets may have arbitrarily high regularities.

In this article, we present an overview and tutorial of statistical methods for meta-analysis of diagnostic tests under two scenarios: (1) when the reference test can be considered a gold standard and (2) when the reference test cannot be considered a gold standard. In the first scenario, we first review the conventional summary receiver operating characteristics approach and a bivariate approa...

we use the basic binomial option pricing method but allow someor all the parameters in the model to be uncertain and model this uncertaintyusing fuzzy numbers. we show that with the fuzzy model we can, with areasonably small number of steps, consider almost all possible future stockprices; whereas the crisp model can consider only n + 1 prices after n steps.

This paper proposes a new efficient algorithm for the computation of Greeks for options using the binomial tree. We also show that Greeks for European options introduced in this article are asymptotically equivalent to the discrete version of Malliavin Greeks. This fact enables us to show that our Greeks converge to Malliavin Greeks in the continuous time model. The computation algorithms of Gr...

We thank the editor and an anonymous referee. Any errors are our own. Abstract Using the WACC to Value Real Options We present a real option valuation using the weighted average cost of capital (WACC). This is an alternative to risk-neutral real option valuation. Using the WACC involves a marginal increase in mathematical complexity, but it is easy to implement in a spreadsheet, and it is easy ...