One of the key issues for implementing congestion pricing is the pricing granularity (i.e. pricing interval or time-scale). The Internet traffic is highly variant and hard to control without a mechanism that operates on very low time-scales, i.e. on the order of round-trip-times (RTTs). However, pricing naturally operates on very large time-scales because of human involvement. Moreover, structu...

in this paper, installment options on the underlying assetwhich evolves according to black-scholes model and pays constant dividendto its owner will be considered. applying arbitrage pricing theory,the non-homogeneous parabolic partial differential equation governingthe value of installment option is derived. then, penalty method is usedto value the european continuous installment call option.

green supply chain management is an environmental approach in supply chain management that aims to decrease ecological risks in products’ life cycle. closed-loop supply chain by collecting and recycling the harmful production in nature attempts to achieve this goal. in this paper, due to different strategies in collecting products, several pricing models in two-echelon closed supply chain are p...

This paper is interested in exploring the capabilities and limitations of investment decision making under uncertainty through lens Quantum Probabilities/formalism stand will be focusing on Capital Asset Pricing Model as use case. Our main purpose to examine historical structural foundations surrounding paradoxes. To ease comprehension issue common reader, we first outline key cornerstones two ...

We consider the problem of pricing for bandwidth provisioning over a single link, where users arrive according to a known stochastic traffic model. The network administrator controls the resource allocation by setting a price at every epoch, and each user’s response to the price is governed by a demand function. We formulate this problem as a partially observable Markov decision process (POMDP)...