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

Abstract: Stability conditions for discrete-time stochastic systems characterized by general stochastic processes have been discussed in earlier articles, under the assumption that the systems are ...

AI-driven process monitoring enhances the qualification of additively manufactured stainless-steel parts. By analysing high-frequency welding current and voltage signals in both the time and frequency ...

Pfizer's Conor Riordan explains how the pharmaceutical giant uses Celonis across 200+ markets to drive toward 95% order automation, guided by a strict "process before technology" philosophy. When ...

Rachel Maddow looks at recent examples of Donald Trump using the power of American taxpayers to cut deals for himself and his friends and family, and focuses on the especially galling case of Trump ...

Welcome to the inference code for the paper "Protein Sequence Modelling with Bayesian Flow Networks". With this code, you can sample from our trained models ProtBFN, for general proteins, and AbBFN, ...

In 2019, Ashley Kaye took a scuba diving trip to Honduras that changed the course of her life. On that trip, Kaye met someone who travels full-time, and the conversation they had helped her realize ...

U.S. Citizenship and Immigration Services (USCIS) is grappling with an unprecedented backlog of immigration cases, reaching a record 11.3 million pending applications. USCIS data from January to March ...

Researchers demonstrate a novel method for transforming continuous time crystals into discrete ones using subharmonic injection locking, offering new insights into symmetry breaking and control in ...

The hiring process is becoming more time-consuming and costly, and 93% of hiring managers say it takes longer in 2025 than just two years ago, according to a June 18 report from Robert Half, a talent ...

Once the conclave begins, cardinals are not allowed to leave, other than for meals and to sleep at night, until a successor is named. By Emma Bubola and Patricia Mazzei Reporting from Rome The first ...