This paper investigates some common interest rate models for scenario generation in financial applications of stochastic optimization. We discuss conditions for the underlying distributions of state variables which preserve convexity of value functions in a multistage stochastic program. Oneand multi-factor term structure models are estimated based on historical data for the Swiss Franc. An ana...

This article adds Yann Le Franc as a coauthor of the technology report article “Software and Hardware Infrastructure for Research in Electrophysiology,” describes his individual contribution to the article, and presents changes in two paragraphs in Section 2.4, where an additional reference is also provided. Moreover, the members from the OEN group who work and cooperate on building OEN are per...

The present article focuses on whether the Bitcoin shows sign of increased confidence as a value storage vehicle, prerequisite to becoming fully fledged currency. Using Bloomberg data over period 2008-2017, we find cointegration relationship between dollar prices Bitcoin, Gold and Swiss Franc. two latter assets are classic safe haven assets, suggesting that at least some buyers interested in bo...

1 Summary In Western Africa, two economic integrations, WAEMU (West African Economic and Monetary Union) and ECOWAS(Economic Community of West African Countries) exist. WAEMU is consisted of eight countries around French possession in Africa and issued the unique legal tender, the CFA franc. On the other hand, ECOWAS is the wider economic integration for 15 countries encompassing the entire WAE...

Equivalence Classes of Circuit Mutants for Experimental Design Debabrata Ghosh Franc Brglez CBL (Collaborative Benchmarking Lab), Dept. of Computer Science, Box 7550 NC State University, Raleigh, NC 27695, USA http://www.cbl.ncsu.edu/ Abstract { Experimental Design, as de ned in science and manufacturing, relies on data sets that belong to well-de ned equivalence classes. This paper introduces ...