Porting the Algorithm for Calculating an Asian Option to a New Processing Architecture

2018 ◽  
pp. 113-122 ◽  
Author(s):  
Eduard Stepanov ◽  
Dmitry Khmel ◽  
Vladimir Mareev ◽  
Nikita Storublevtcev ◽  
Alexander Bogdanov
Keyword(s):  
Asian Option ◽  
New Processing ◽  
Processing Architecture

TEM visualization of surface replicated acid and base catalyzed sol-gel glasses

1986 ◽  
Vol 44 ◽  
pp. 448-449
Author(s):  
George C. Ruben ◽  
Merrill W. Shafer
Keyword(s):  
Elevated Temperatures ◽  
Sol Gel ◽  
Basic Medium ◽  
Glass Transition Point ◽  
Structural Space ◽  
Acid And Base ◽  
Organometallic Precursors ◽  
New Processing ◽  
Gel Glasses ◽  
Physical Phenomena

Traditionally ceramics have been shaped from powders and densified at temperatures close to their liquid point. New processing methods using various types of sols, gels, and organometallic precursors at low temperature which enable densificatlon at elevated temperatures well below their liquidus, hold the promise of producing ceramics and glasses of controlled and reproducible properties that are highly reliable for electronic, structural, space or medical applications. Ultrastructure processing of silicon alkoxides in acid medium and mixtures of Ludox HS-40 (120Å spheres from DuPont) and Kasil (38% K2O &62% SiO2) in basic medium have been aimed at producing materials with a range of well defined pore sizes (∼20-400Å) to study physical phenomena and materials behavior in well characterized confined geometries. We have studied Pt/C surface replicas of some of these porous sol-gels prepared at temperatures below their glass transition point.

Spoken Natural Language Dialog Systems

1995 ◽  
Author(s):  
Ronnie W. Smith ◽  
D. Richard Hipp
Keyword(s):  
Problem Solving ◽  
Natural Language ◽  
Error Correction ◽  
User Model ◽  
Dialog Systems ◽  
Problem Solving Process ◽  
Processing Architecture ◽  
Dialog Processing

As spoken natural language dialog systems technology continues to make great strides, numerous issues regarding dialog processing still need to be resolved. This book presents an exciting new dialog processing architecture that allows for a number of behaviors required for effective human-machine interactions, including: problem-solving to help the user carry out a task, coherent subdialog movement during the problem-solving process, user model usage, expectation usage for contextual interpretation and error correction, and variable initiative behavior for interacting with users of differing expertise. The book also details how different dialog problems in processing can be handled simultaneously, and provides instructions and in-depth result from pertinent experiments. Researchers and professionals in natural language systems will find this important new book an invaluable addition to their libraries.

scholarly journals Geometric Average Asian Option Pricing with Paying Dividend Yield under Non-Extensive Statistical Mechanics for Time-Varying Model

Entropy ◽  
2018 ◽  
Vol 20 (11) ◽  
pp. 828 ◽  
Author(s):  
Jixia Wang ◽  
Yameng Zhang
Keyword(s):  
Statistical Mechanics ◽  
Option Pricing ◽  
Asset Price ◽  
Closed Form Solution ◽  
Real Data ◽  
Form Solution ◽  
Asian Option ◽  
Time Varying ◽  
Dividend Yield ◽  
Geometric Average

This paper is dedicated to the study of the geometric average Asian call option pricing under non-extensive statistical mechanics for a time-varying coefficient diffusion model. We employed the non-extensive Tsallis entropy distribution, which can describe the leptokurtosis and fat-tail characteristics of returns, to model the motion of the underlying asset price. Considering that economic variables change over time, we allowed the drift and diffusion terms in our model to be time-varying functions. We used the I t o ^ formula, Feynman–Kac formula, and P a d e ´ ansatz to obtain a closed-form solution of geometric average Asian option pricing with a paying dividend yield for a time-varying model. Moreover, the simulation study shows that the results obtained by our method fit the simulation data better than that of Zhao et al. From the analysis of real data, we identify the best value for q which can fit the real stock data, and the result shows that investors underestimate the risk using the Black–Scholes model compared to our model.

The NAPA adaptive processing architecture

2002 ◽  
Author(s):  
C.R. Rupp ◽  
M. Landguth ◽  
T. Garverick ◽  
E. Gomersall ◽  
H. Holt ◽  
...  
Keyword(s):  
Adaptive Processing ◽  
Processing Architecture

scholarly journals Smart Video Surveillance System Based on Edge Computing

Sensors ◽  
2021 ◽  
Vol 21 (9) ◽  
pp. 2958
Author(s):  
Antonio Carlos Cob-Parro ◽  
Cristina Losada-Gutiérrez ◽  
Marta Marrón-Romera ◽  
Alfredo Gardel-Vicente ◽  
Ignacio Bravo-Muñoz
Keyword(s):  
Computer Vision ◽  
Video Surveillance ◽  
Surveillance System ◽  
Video Surveillance System ◽  
Smart Camera ◽  
People Detection ◽  
Camera System ◽  
Edge Node ◽  
New Processing ◽  
Processor Unit

New processing methods based on artificial intelligence (AI) and deep learning are replacing traditional computer vision algorithms. The more advanced systems can process huge amounts of data in large computing facilities. In contrast, this paper presents a smart video surveillance system executing AI algorithms in low power consumption embedded devices. The computer vision algorithm, typical for surveillance applications, aims to detect, count and track people’s movements in the area. This application requires a distributed smart camera system. The proposed AI application allows detecting people in the surveillance area using a MobileNet-SSD architecture. In addition, using a robust Kalman filter bank, the algorithm can keep track of people in the video also providing people counting information. The detection results are excellent considering the constraints imposed on the process. The selected architecture for the edge node is based on a UpSquared2 device that includes a vision processor unit (VPU) capable of accelerating the AI CNN inference. The results section provides information about the image processing time when multiple video cameras are connected to the same edge node, people detection precision and recall curves, and the energy consumption of the system. The discussion of results shows the usefulness of deploying this smart camera node throughout a distributed surveillance system.

Construction material supply risk management using Asian option contracts: the case of a pipeline project

2020 ◽  
Vol 27 (10) ◽  
pp. 3395-3414
Author(s):  
Mohammad Vahdatmanesh ◽  
Afshin Firouzi
Keyword(s):  
Risk Management ◽  
Scenario Analysis ◽  
Price Risk ◽  
Asian Option ◽  
Steel Pipeline ◽  
Content Type ◽  
Price Fluctuations ◽  
Option Contracts ◽  
Pipeline Project ◽  
Total Price

PurposeSteel price uncertainty exposes pipeline projects that are inherently capital intensive to the risk of cost overruns. The current study proposes a hedging methodology for tackling steel pipeline price risk by deploying Asian option contracts that address the shortcomings of current risk mitigation strategies.Design/methodology/approachA stepwise methodology is introduced, which uses a closed-form formula as an Asian option valuation method for calculating this total expenditure. The scenario analysis of three price trends examines whether or not the approach is beneficial to users. The sensitivity analysis then has been conducted using the financial option Greeks to assess the effects of changes in volatility in the total price of the option contracts. The total price of the Asian options was then compared with those of the European and American options.FindingsThe results demonstrate that the Asian option expenditure was about 1.87% of the total cost of the case study project. The scenario analysis revealed that, except for when the price followed a continuous downward pattern, the use of this type of financial instrument is a practical approach for steel pipeline price risk management.Practical implicationsThis approach is founded on a well-established financial options theory and elucidates how pipeline project participants can deploy Asian option contracts to safeguard against steel price fluctuations in practice.Originality/valueAlthough the literature exists about the theory and application of financial derivative instruments for risk management in other sectors, their application to the construction industry is infrequent. In the proposed methodology, all participants involved in fixed price pipeline projects readily surmount the risk of exposure to material price fluctuations.

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