The Bjerksund-Stensland model is a key method for pricing American options. It helps investors determine optimal times for exercising options with dividends considered.

A Russian mathematician has developed a new method for analyzing a class of equations that underpin models in physics and ...

From autonomous cars to video games, reinforcement learning (machine learning through interaction with environments) can have ...

In the 1680s, Isaac Newton devised a method to tackle this problemiStock Photos For over three centuries, researchers have relied on a powerful algorithm developed by Isaac Newton to tackle complex ...

Method acting, the practice of experiencing a role as opposed to merely representing it, has been maligned and venerated in equal measure. Many famous and flashy performances exist by virtue of actors ...

Let $P(m, X, N)$ be an $m$-degree polynomial in $X\in\mathbb{R}$ having fixed non-negative integers $m$ and $N$. Essentially, the polynomial $P(m, X, N)$ is a result ...

Abstract: Reinforcement Learning is a branch of machine learning to learn control strategies that achieve a given objective through trial-and-error in the environment ...

Computational Brain Science Lab, Division of Computational Science and Technology, KTH Royal Institute of Technology, Stockholm, Sweden This paper presents an analysis of properties of two hybrid ...

1 College of Mathematics and Information Science, Nanchang Hangkong University, Nanchang, China. 2 School of Statistics and Data Science, Jiangxi University of Finance and Economics, Nanchang, China.