Following the economic rationale of [10] and [11] we present a new class of lookback options (by first studying the canonical ‘Russian’ variant) where the holder enjoys the early exercise feature of American options whereupon his payoff (deliverable immediately) is the ‘best prediction’ of the European payoff under the hypothesis that the true drift of the stock price equals a contract drift. I...

This module presents the basic structure of combinational logic circuits, and introduces the use of computer aided design (CAD) tools in modern circuit design. Combinational logic circuits use networks of logic gates to produce outputs that change in strict relation to input changes; that is, an output can only change state immediately after an input changes state. In a combinational circuit, s...

As minimum feature sizes shrink into the deep-subwavelength range, manufacturing becomes increasingly diJ~cult, and the costs and complexity of standard cell ASIC design become prohibitive for all but the highest-volume products. Many manufacturing diJ3~culties owe to the irregularity of standard cellbased design; therefore, design using more regular logic fabrics becomes an attractive alternat...

Following the economic rationale of [7] and [8] we present a new class of Asian options where the holder enjoys the early exercise feature of American options whereupon his payoff (deliverable immediately) is the ‘best prediction’ of the European payoff under the hypothesis that the true drift of the stock price equals a contract drift. Inherent in this is a protection feature which is key to t...

Product development processes changes with the changing market trend. Green design and modular design both plays important role for the product development processes. In this research Design Structure Matrix (DSM) approach was used to group different modular parts together to obtain optimized module efficiency. Furthermore, this research proposed the use of DSM to find the result of coupled tas...

In order to address the challenges of future integrated circuit design, both logic synthesis and physical design will need to be tightly integrated. This includes integrating the circuit structure information produced by logic synthesis with the placement stage of physical design. The first step is to determine the effects of partitioning decisions on placement performance. This paper describes...

Well-designed “controls” distinguish experimental from non-experimental studies. Surprisingly, we found that a high percentage of students had difficulty identifying control experiments even after completing three university-level laboratory courses. To address this issue, we designed and ran a revised cell biology lab course in which students participated in weekly “experimental control exerci...

The problem of safe failure diagnosis in discrete event systems is addressed. Starting from the standard definition of diagnosability of discrete event systems, which deals with the problem of detecting the occurrence of an unobservable event using the available observations on the system, the problem of performing the detection before the system executes a forbidden string is introduced. For e...

This paper studies the effects of information and communication technologies (ICT) in the school environment on educational achievement. To quantify these effects, the impact is evaluated of a project run by the municipality of Guayaquil, Ecuador, which provides computer-aided instruction in mathematics and language to students in primary schools. Using an experimental design, it is found that ...