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The theme of the conference is Sin Fronteras: Questioning Borders with(in) Mathematics Education. This theme is intended to encourage research presentations, discussion, and reflection on the variety ...
The American Academy of Actuaries is a D.C.-based 18,000-member professional association whose mission is to serve the public and the U.S. actuarial profession. Academy members include consultants, co...
The AMS, founded in 1888 to further the interests of mathematical research and scholarship, serves the national and international community through its publications, meetings, advocacy and other progr...
Finite di erence or nite element approximations of the value function of an American option usually result in discrete linear complementarity problems (LCP).
This paper studies the valuation of a class of credit default swaps (CDSs) with the embedded option to switch to a different premium and notional principal anytime prior to a credit event.
We consider the problem of valuation of American (call and put) options written on a dividend paying stock governed by the geometric Brownian motion. We show that the value function has two different ...
We consider an American put option under the CEV process. This corre-sponds to a free boundary problem for a PDE. We show that this free boundary satis es a nonlinear integral equation, and analyze it...
In this paper we present qualitative and quantitative comparison of various analytical and numerical approximation methods for calculating a position of the early exercise boundary of the American put...
14 April 2007,SAN FRANCISCO—Despite public perceptions that local school boards are battlegrounds over evolution and other science-related issues, board members in the Kansas City area are far more co...
The Norwegian Academy of Science and Letters has decided to award the Abel Prize for 2007 to Srinivasa S.R. Varadhan, Courant Institute of Mathematical Sciences, New York. He receives the prize “for h...
Journal of American Mathematical Society is devoted to research articles of the highest quality in computational mathematics. Areas covered include numerical analysis, computational discrete mathemati...
12/12/2006,For the past 20 years, studies of math achievement have shown that Chinese (and other East Asian) children consistently outperform their American counterparts in almost every area. Explana...

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