In this paper, we deal with the pricing of power options when the dynamics of the risky underling asset follows the double stochastic volatility with double jump model. We prove efficiency of our considered model by fast Fourier transform method, Monte Carlo simulation and numerical results using power call options i.e. Monte Carlo simulation and numerical results show that the fast Fourier tra...

A Monte Carlo program based on Geant3 has been developed for BESII detector simulation. The organization of the program is outlined, and the digitization procedure for simulating the response of various sub-detectors is described. Comparisons with data show that the performance of the program is generally satisfactory.

We have generated UHE cosmic ray showers using the CORSIKA program and the QGSJet hadronic interaction code, and have simulated the response of the HiRes detector to the showers. We included in the simulation the triggering and DAQ characteristics of the detector and the background sky noise. We processed these Monte Carlo events with the same analysis program run on HiRes data. To efficiently ...