economic development plans normally contain some policy objectives, especially for the most important macroeconomic variables. governments are expected to take best policies to achieve these objectives, although due to some structural or other impediments they may fail to touch the objectives. we have attempted to uncover the determinants of private consumption and investment as the objectives ...

This is a quantitative study of the valuation and hedging of dangerous options, options whose hedging strategies require unreasonable or risky short positions of the underlying instrument. We examine the valuation of many exotic options, when a shortselling constraint is imposed, as an example for Contingent Claims in Incomplete Markets. The valuation problem is known to be a stochastic control...

Pain control in parturients can be particularly challenging for the hospital staff. To achieve optimal outcomes in anesthesia patients, it is important to consider multiple options for pain control, especially when traditional options pose a problem or are not options. In particular, there are parturient clients for whom the use of neuraxial anesthesia (epidural and spinal blockade) is not an o...