4,478 research outputs found

    Student-like models for risky asset with dependence

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    We present a new construction of the Student and Student-like fractal activity time model for risky asset. The construction uses the diffusion processes and their superpositions and allows for specified exact Student or Student-like marginal distributions of the returns and for exible and tractable dependence structure. The fractal activity time is asymptotically self-similar, which is a desired feature seen in practice

    QED correction for H3+_3^+

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    A quantum electrodynamics (QED) correction surface for the simplest polyatomic and polyelectronic system H3+_3^+ is computed using an approximate procedure. This surface is used to calculate the shifts to vibration-rotation energy levels due to QED; such shifts have a magnitude of up to 0.25 cmβˆ’1^{-1} for vibrational levels up to 15~000 cmβˆ’1^{-1} and are expected to have an accuracy of about 0.02 cmβˆ’1^{-1}. Combining the new H3+_3^+ QED correction surface with existing highly accurate Born-Oppenheimer (BO), relativistic and adiabatic components suggests that deviations of the resulting {\it ab initio} energy levels from observed ones are largely due to non-adiabatic effects
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