This paper is concerned with the valuation of options in jump diffusion models. The partial integro-differential equation (PIDE) inherent in the pricing problem is solved by using the Mellin integral transform. The solution is a single integral expression independent of the distribution of the jump size. We also derive analytical expressions for the Greeks. The results are implemented and compa...

In this paper we introduce efficient Monte Carlo estimators for the valuation of high-dimensional derivatives and their sensitivities (”Greeks”). These estimators are based on an analytical, usually approximative representation of the underlying density. We study approximative densities obtained by the WKB method. The results are applied in the context of a Libor market model.

Aims: Polymorphisms of the β-adrenergic receptor, the frequency of which may differ in ethnic groups, alters β-receptor function. The aim of this study was to elucidate the frequency of β1 and β2-adrenergic receptor polymorphisms in healthy Greeks and to compare with those of Caucasian European (Euro) and African American (AA) origin. Methods: Ninetynine individuals with a median age of 63 with...

That contempt and dishonor are closely related has been shown not only in recent discussions of the subject, but also Aristotle's investigation emotions judiciary. In this paper, I will discuss ways which ancient Greeks—and, particular, polis Athens—institutionalized what Bell calls “apt contempt” (i.e., as a response to actual serious faults character stems from contemnor's concern for values ...

This paper reviews the different models commonly used in understanding Herodotus’evidence on Achaemenid Persian empire. It suggests that these approaches—for example, assessment of Herodotus’accuracy, level his knowledge, or sympathy for Persians—systematically underestimate complexity (and Greeks’) perspective empire: conflicted a participant rather than just detached observer.

When the Greek War of Independence broke out in 1821, name “America” had already been standing for a symbol freedom and democracy throughout Europe nearly 50 years. This powerful liberty was integrated vision freedom. The United States America instantly became point reference public speech political discourse educated Greeks. Greeks tried to legitimize their Revolution by making comparisons fin...

This paper develops methods for fast estimation of option price sensitivities in Monte Carlo simulation of term structure models. The models considered are based on discretely compounded forward rates with proportional volatilities. The ef®cient estimation of option deltas, gammas, and vegas are investigated in this setting. Various general methods are available in the Monte Carlo literature fo...

For centuries, Aloe Vera has been used by many different cultures. The ancient Greeks, the Romans, the Babylonians, Indians and the Chinese have all used Aloe Vera as a medicinal plant. One of the common experimental cancer models is sarcoma-180. When Aloe was administered to mice bearing S-180 tumors, the tumor growth was inhibited. Aloe vera is a dietary supplement and not a regulated drug. T...