How much Mathematics does Economy Need? ...Or... Some Brief Epistemological Excursions into the Mathematics located on the border with Social Sciences

In our paper we try to answer to the epistemological question how much mathematics does economy need.economics, economy, mathematics, epistemology

Algorithm for Financial Derivatives Evaluation in Generalized Double-Heston Model

This paper shows how can be estimated the value of an option if we assume the double- Heston model on a message-based architecture. For path trace simulation we will discretize continous model with an Euler division of time.Monte Carlo; algorithms; computational financial engineering; derivatives evaluation; Black�Scholes�Merton model; Heston model; double-Heston model; generalized double-Heston model.

TOWARD A DISTRIBUTED DATA MINING SYSTEM FOR TOURISM INDUSTRY

Romania has a huge tourist’s potential, but currently it is too little valued and exploited. As a result, one of the strategic developments of the economy aimed the tourism industry. The strategic decisions are based on different trends obtained from sophtourism industry, data mining techniques, distributed databases

ALGORITHM FOR GENERALIZED GARMAN EQUATION IN OPTION PRICING OF A FINANCIAL DERIVATIVES WITH STOCHASTIC VOLATILITY MODELS

In our paper we build a reccurence from generalized Garman equation and discretization of 3-dimensional domain. From reccurence we build an algorithm for computing values of an option based on time, momentan volatility of support and value of support on afinancial derivatives, Black-Scholes PDE, Garman PDE, reccurence, algorithm

ALGORITHM FOR GENERALIZED GARMAN EQUATION IN OPTION PRICING OF A FINANCIAL DERIVATIVES WITH STOCHASTIC VOLATILITY MODELS

In our paper we build a reccurence from generalized Garman equation and discretization of 3-dimensional domain. From reccurence we build an algorithm for computing values of an option based on time, momentan volatility of support and value of support on

Ordering Continuing Functions set in Backtracking Algorithms

The paper shows how continuing functions inBacktracking algorithm can order, prove existence of bestcontinuing function and evaluate complexity of Backtrackingalgorithm for best continuing function usage

Financial Derivatives (Based on Two Supports) Evaluation

In this paper we build a PDE like Black-Scholes equation in hypothesis of a financial derivative that is dependent on two supports (usual is dependent only on one support), like am<br />option based on gold, when national currency has a great float.<br /><strong>Keywords:</strong> Financial derivatives, derivatives evaluation, derivatives based on two supports, extended Itō like lemma

Algorithm for Financial Derivatives Evaluation in Generalized Double-Heston Model

This paper shows how can be estimated the value of an option if we assume the double-Heston model on a message-based architecture. For path trace simulation we will discretize continous model with an Euler division of time

BRAND Journal - How much Mathematics does Economy Need ...Or... Some Brief Epistemological Excursions into the Mathematics located on the border with Social Sciences

<div>Abstract</div><div><br></div><div>In our paper we try to answer to the epistemological question how much mathematics does economy need.</div><div><br></div><div><b>Find more at:</b></div><div><b>https://www.edusoft.ro/brain/index.php/brand/article/view/91</b><br></div