pyDeltaRCM: a flexible numerical delta model

A delta-rule model of numerical and non-numerical order processing.

Numerical and non-numerical order processing share empirical characteristics (distance effect and semantic congruity), but there are also important differences (in size effect and end effect). At the same time, models and theories of numerical and non-numerical order processing developed largely separately. Currently, we combine insights from 2 earlier models to integrate them in a common frame...

Uniquely classifying flexible measures by a CWS model

Data Envelopment Analysis (DEA) deals with evaluating a set of decision-making units (DMUs) based on nonparametric mathematical approaches. In classical DEA models, the given set of factors of DMUs is divided into two categories, inputs and outputs, while in some practical problems there are some measures whose membership to these categories is unclear. It means these factors treat different in...

Optimizing Flexible Manufacturing System: A Developed Computer Simulation Model

In recent years, flexible manufacturing system as a response to market demands has been proposed to increase product diversity, optimum utilization of machines andperiods of short-term products.The development of computer systems has provided the ability to build machines with high functionality and the necessary flexibility to perform various operations. However, due to the complexity and the ...

Journal of Experimental Psychology: Human Perception and Performance A Delta-Rule Model of Numerical and Non-Numerical Order Processing

Numerical Algorithm for Delta of Asian Option

We study the numerical solution of the Greeks of Asian options. In particular, we derive a close form solution of Δ of Asian geometric option and use this analytical form as a control to numerically calculate Δ of Asian arithmetic option, which is known to have no explicit close form solution. We implement our proposed numerical method and compare the standard error with other classical varianc...