Technical Note—Path-Dependent and Randomized Strategies in Barberis’ Casino Gambling Model

2017 ◽  
Vol 65 (1) ◽  
pp. 97-103 ◽  
Author(s):  
Xue Dong He ◽  
Sang Hu ◽  
Jan Obłój ◽  
Xun Yu Zhou
2020 ◽  
Vol 14 (2) ◽  
pp. 119
Author(s):  
Marcelo González A. ◽  
Antonio Parisi F. ◽  
Arturo Rodríguez P.

Looback options are path dependent contingent claims whose payoffs depend on the extrema of the underlying asset price over a certain time interval. In this note we compare the performance of two Monte Carlo techniques to price lookback options, a crude Monte Carlo estimator and Antithetic variate estimator. We find that the Antithetic estimator performs better under a variety of performance measures.


2020 ◽  
Author(s):  
Roger M. Cooke ◽  
Willy P. Aspinall

Abstract. Improved high-resolution paleo records of atmospheric carbon dioxide (CO2) concentrations and reconstructions of Earth’s surface temperature are available. We analyse one authoritative Pleistocene dataset to explore how the climate sensitivity parameter S varies under different system states, using linear regression of mean annual surface temperature changes against CO2 forcing changes. Data are partitioned by path (deglaciation or glaciation). On the whole data set, S = 2.04 K/Wm−2 and CO2 forcing explains 64 % of the variance in temperature. During deglaciation periods, S = 2.34 K/Wm−2, explaining 75 % of the temperature variance; during glaciations, S = 1.59 K/Wm−2 and explains 48 % of the temperature variance. Possible process-related explanations are conjectured.


2019 ◽  
Vol 42 ◽  
Author(s):  
Mark Alfano

Abstract Reasoning is the iterative, path-dependent process of asking questions and answering them. Moral reasoning is a species of such reasoning, so it is a matter of asking and answering moral questions, which requires both creativity and curiosity. As such, interventions and practices that help people ask more and better moral questions promise to improve moral reasoning.


2012 ◽  
Vol 21 (1) ◽  
pp. 11-16 ◽  
Author(s):  
Susan Fager ◽  
Tom Jakobs ◽  
David Beukelman ◽  
Tricia Ternus ◽  
Haylee Schley

Abstract This article summarizes the design and evaluation of a new augmentative and alternative communication (AAC) interface strategy for people with complex communication needs and severe physical limitations. This strategy combines typing, gesture recognition, and word prediction to input text into AAC software using touchscreen or head movement tracking access methods. Eight individuals with movement limitations due to spinal cord injury, amyotrophic lateral sclerosis, polio, and Guillain Barre syndrome participated in the evaluation of the prototype technology using a head-tracking device. Fourteen typical individuals participated in the evaluation of the prototype using a touchscreen.


1998 ◽  
Vol 47 (3) ◽  
pp. 153-160
Author(s):  
Wang ◽  
Park ◽  
Kang ◽  
Oh
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