pricing high dimensional americans options using local consistency conditions

... chi-squared distances 2.4 Algorithms Two algorithms were applied on these distances Corpus K-means with high- dimensional embedding Firstly, the well-known K-means (see e.g Manning and Sch¨ tze (1999)) was ... Euclidean distances D into new squared Euclidean distances ϕ(D) (Bavaud, 2011) and perform a highdimensional embedding of data, similar to those used in Machine Learning Among all Schoenberg ... 0.01 Corrected Rand Index 0.04 0.05 The clustering obtained by the two algorithms (K-means with high- dimensional embedding and fuzzy clustering) were compared to the classification made by the human...

Ngày tải lên: 24/03/2014, 03:20

... scheme using a front-fixing technique for pricing American puts Secondly, we will introduce a linearly implicit predictor-corrector scheme using a penalty method approach for valuing American options ... Predictor-Corrector schemes used in the valuation of options First, I will consider a Predictor-Corrector finite difference scheme using a front-fixing technique for pricing American puts Secondly, I will ... European Options 1.2.2 American Options The free boundary problem 12 v A Predictor-Corrector finite difference scheme using...

Ngày tải lên: 13/10/2015, 15:55

... determining prices of high- tech products are possible Asked about setting prices, marketing managers of high- tech products usually give priority to pricing based upon the company’s offer using cost + ... incremental pricing technique, using an existing product as the basis, it may undervalue the real value of a revolutionary high- tech product for the market Consequently the most successful high- tech ... perceptions is a necessity, as far as pricing is concerned, to balance two risks 258 Pricing High- Tech Products Usually, new products are targeted to the segment with the highest willingness to pay in...

Ngày tải lên: 24/10/2013, 07:20

... considered a local variable (belonging to the function only); it exists only when the function is called and is deleted immediately upon the completion of the function's execution Think of local variables ... this variable organization will be appreciated Multiple local variables can be declared within a function definition on a single line using this syntax: var firstName:String = "Jobe", lastName:String ... called The function processes those values using an if/else statement At the end of this function, myVariable will contain a value of true or false Using the return statement (as shown at the...

Ngày tải lên: 07/11/2013, 15:15

... Tinh Gia High School in using English Wh – questions The major issues dealt within this thesis are the errors commonly committed by the 10 th form students at Tĩnh Gia II High School in using English ... II High School in using English Wh – questions and features of English Wh-questions • Pointing out the causes of errors commonly committed by 10th form students at Tinh Gia II High School in using ... High School often make in using English Wh - questions? What are the main causes leading to these errors? What are the possible solutions to the errors relating to English Wh - questions at high...

Ngày tải lên: 18/12/2013, 10:04

... 2012 High- Performance T-SQL Using Window Functions ® Itzik Ben-Gan www.it-ebooks.info ® Published with the authorization of Microsoft Corporation by: O’Reilly Media, Inc 1005 Gravenstein Highway ... 158 Set-Based Solution Using Window Functions 160 Set-Based Solutions Using Subqueries or Joins 161 Cursor-Based Solution ... solutions using them, coverage of the elements involved in window specifications, an account of the query elements supporting window functions, and a description of the standard’s solution for reusing...

Ngày tải lên: 16/03/2014, 00:20

... discussed proposed extensions to Sidner's algorithm to track local focus in the presence of illegally omitted NP's, and to use the extended focusing algorithm to identify the intended co-specifiers ... and the BUDGETVP, and the focus stack contains I and the previous PFL $3 is a complex sentence using the conjunction "because." Such sentences are not explicitly handled by Sidner's algorithm ... Another task is to specify focus preferences among stacked P F L ' s and stacked CF's, perhaps using thematic and syntactic information An important question raised by our analysis is how to...

Ngày tải lên: 17/03/2014, 08:20

... Improved Local Binary Patterns A facial expression database Kernel Discriminative Common Vectors Texture databases Locally Assembled Binary Haar features Local Absolute Binary Patterns Local Binary ... Histogram Fourier Linear Discriminant Analysis Local Derivative Patterns Local Edge Patterns The Labeled Faces in the Wild database Local Gabor Binary Patterns Local Line Binary Patterns Linear Programming ... recognition using local binary patterns with an application to facial expressions IEEE Trans Pattern Anal Mach Intell 29(6), 915–928 (2007) Chapter Local Binary Patterns for Still Images The local...

Ngày tải lên: 05/06/2014, 12:05

... supervised locally linear embedding (SLLE) [25] using the linear supervised distance, probability-based LLE using a probability-based distance [26], locally linear discriminant embedding using a ... called nonlinear dimensionality reduction) methods, i.e., locally linear embedding (LLE) [21] and isometric feature mapping (Isomap) [22], have been used to project the high- dimensional facial ... images of a person with varying expressions can be represented as a low -dimensional nonlinear manifold embedded in a high- dimensional image space [18–20] Given the nonlinear manifold structure...

Ngày tải lên: 20/06/2014, 20:20

... mean shift using Gaussian blurring [14], which accelerates the convergence rate Guo et al [15] aimed at reducing the complexity by using resampling: the feature space is divided into local subsets ... so-obtained modes by using certain local rules [12,15,17,18,27,29] There are however two major things one has to take into account in the case of sampling: undersampling the feature space can highly decrease ... of the algorithm on high resolution real life images We formulated an image corpus consisting of 15 high quality images that were segmented in five different resolutions, using the parameter...

Ngày tải lên: 20/06/2014, 22:20

... affect the localization of nodes by providing incorrect information TSCD [17] proposes a novel secure localization approach to defend against the distance-consistent spoofing attack using the consistency ... wormhole attack Compared to the scheme in [22], the distance -consistency- based secure localization scheme proposed in this paper can obtain high localization performance when the system has certain packet ... identifies the V -locators using different identification approaches (iii) Self-localization: After identifying enough V -locators, the sensor conducts the self-localization using the MLE method with...

Ngày tải lên: 21/06/2014, 23:20

... mechanism we consider does not require any special conditions for its realization Rather, it is seen as a ubiquitous property of any highdimensional highly nonlinear dynamical system, including biochemical ... behavior of high- dimensional highly nonlinear dynamical systems These heuristic considerations are supported by simulation Temporal locations of pulses, tik , are those corresponding to local maxima ... chaos appear under highly peculiar conditions expressed in a precise combination of the parameters governing the system In this sense, chaos is not something typical of low -dimensional nonlinear...

Ngày tải lên: 22/06/2014, 00:20

... is to compare the true and estimated errors in several conditions: low dimensional, high- dimensional without feature selection, and high- dimensional with feature selection These correspond to ... various problems with error estimation and feature selection have been addressed in the context of high dimensionality and small samples These include the effect of error estimation on gene ranking ... feature selection produce high variance and low correlation between the true and estimated errors 4.1 Experimental design Our simulation study uses the following protocol when using feature selection:...

Ngày tải lên: 22/06/2014, 19:20

... Recognition Using Local and Global Features 539 Table 9: Results of the FERET database on Group face images Table 12: Results of the FERET database on images in Group Method Spectroface PCA ICA Local ... spectroface, and two local feature algorithms, namely, Gabor wavelet and ICAs The brief descriptions on each method are as follows 2.2.1 Principle component analysis (eigenface) This idea of using the PCA ... ensemble of row vectors of training face images Then X corresponds to a d × N -dimensional face space PCA tries to find a lower dimensional subspace to describe the original face space Let E(X) = N N...

Ngày tải lên: 23/06/2014, 01:20

... introduced a new method to associate multiple repeatedly measured intermediate risk factors with high dimensional SNP data In this paper we have chosen to summarize the longitudinal measures into ... Algorithms for Molecular Biology 2010, 5:17 http://www.almob.org/content/5/1/17 When dealing with high- dimensional data, ordinary CCA has two major limitations First, there will be no unique solution ... the number of variables often greatly exceeds the number of subjects, causing overfitting of the models Moreover, due to the high number of variables interpretation of the results is often difficult...

Ngày tải lên: 12/08/2014, 17:20

... patient is negative given a negative prediction Algorithms with high SN and high SP as well as high PPV and high NPV, which will have high accuracy, are obviously desirable http://genomebiology.com/2006/7/12/R121 ... statistical classification algorithms to accurately classify patients into risk/benefit categories using high- dimensional genomic and other data Classification algorithms were illustrated by three published ... from Random Partitions (CERP) has been developed [8] This algorithm is designed specifically for high- dimensional data sets Rationales behind CERP are as follows: first, multiple classifiers can...

Ngày tải lên: 14/08/2014, 17:22

... provide high- resolution structural information of proteins Although the structures are static, many different physiologically-relevant states of a protein may be resolved using the appropriate conditions ... Current efforts for determining protein structures are centered on novel high- throughput (HT) approaches These include high throughput (HT) crystallization efforts and global structure prediction ... Deuterium localization and quantification: 223 Figure 6-2: an example of validation studies of HR-DXMS de-convolution HR-DXMS deconvolution of Cytochrome-c 224 Figure 6-3: high- density...

Ngày tải lên: 13/11/2014, 16:12

Ngày tải lên: 14/11/2014, 07:02

... [L], medium–low [ML], medium [M], medium high [MH], and high [H]); panel (C) shows the membership in CPUE categories (very low [vL], low [L], medium [M], and high [H]); panels (D) and (E) show the ... Abbreviations are as follows: L = low, ML = medium–low, M = medium, MH = medium -high, H = high, vL = very low, vH = very high, C = critically overfished, O = overexploited, F = fully exploited, M = ... or high) was considered “correct” and all other responses were considered “incorrect”; thus σ2 = np(1 − p), where p is the fraction of correct responses QUANTIFYING SPECIES ABUNDANCE TRENDS Using...

Ngày tải lên: 04/09/2015, 12:46