Bruno Schulz – i co dalej?

Bruno Zeller

Bruno Caruso - n. 39

System Description : E 1 . 8 Stephan Schulz

E is a theorem prover for full first-order logic with equality. It reduces first-order problems to clause normal form and employs a saturation algorithm based on the equational superposition calculus. E is built on shared terms with cached rewriting, and employs several innovations for efficient clause indexing. Major strengths of the system are automatic problem analysis and highly flexible se...

Bruno Tucunduva Ruviaro

CP-Bruno Dupire.qxd

prices as a function of volatility. If an option price is given by the market we can invert this relationship to get the implied volatility. If the model were perfect, this implied value would be the same for all option market prices, but reality shows this is not the case. Implied Black–Scholes volatilities strongly depend on the maturity and the strike of the European option under scrutiny. I...