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 ...

The numerical integration of stiff equations is a challenging problem that needs to be approached by specialized numerical methods. Exponential integrators form a popular class of such methods since ...

ABSTRACT: This paper presents and analyzes a Discrete Duality Finite Volume (DDFV) method to solve 2D diffusion problems under prescribed Robin boundary conditions. The derivation of a symmetric ...

What if the Big Bang wasn’t truly the beginning? A team of cosmologists is using the power of supercomputers to push past the limits of Einstein’s equations and explore mysteries once thought ...

Scientists are rethinking the universe’s deepest mysteries using numerical relativity, complex computer simulations of Einstein’s equations in extreme conditions. This method could help explore what ...