Convexity correction arises when one computes the expected value of an interest rate index under a probability measure other than its own natural martingale measure. As a typical example, the natural martingale measure of the swap rate is the swap measure with annuity as the numeraire. However, the evaluation of the discounted expectation of the payoff in a constant maturity swap (CMS) derivati...

Convexity correction arises when one computes the expected value of an interest rate index under a probability measure other than its own natural martingale measure. As a typical example, the natural martingale measure of the swap rate is the swap measure with annuity as the numeraire. However, the evaluation of the discounted expectation of the payoff in a constant maturity swap (CMS) derivati...

We examine the quantum correction to the static energy for Higgs winding configurations of small size. We evaluate the one-loop effective action for such configurations in Weinberg-Salam theory without U(1)-gauge fields or fermions. We use a method that, unlike derivative expansion or functional determinant methods, provides an analytic expression for the effective action in a controlled limit....

In Computer Vision, the sky color is used for lighting correction, image color enhancement, horizon alignment, image indexing, and outdoor image classification and in many other applications. In this article, for robust color based sky segmentation and detection, usage of lighting correction for sky color detection is investigated. As such, the impact of color constancy on sky color detection a...

Illumination correction or Color Constancy (CC) is the ability of humans for resolving the apparent colors of objects in a given scene independently of the illumination source. For robust skin detection in images/videos, we evaluate and investigate the effect of CC approaches on static skin segmentation approaches. The effect of five CC approaches namely Gray-Edge CC, Gray-World CC, max-RGB CC,...

Understanding peripheral optical errors and their impact on vision is important for various applications, e.g. research on myopia development and optical correction of patients with central visual field loss. In this study, we investigated whether correction of higher order aberrations with adaptive optics (AO) improve resolution beyond what is achieved with best peripheral refractive correctio...

We analyze theoretically, by means of both computer simulations and laboratory experiments, the limitations of correcting aberrations with ideal customized contact lenses. Four experiments are presented: In the first one, we have analyzed the limitations of a static correction on the dynamic wavefront. In the second one, we studied the rotations of a contact lens on the eye using an optical met...

among the deformities of the spine in sagittal plane, kyphosis is one of the most important cases in the study of postural control from the mechanical standpoint because the smallest deviation of upper limb, that is almost 60 percent of total body weight in standing position, causes displacement of body center of mass to forward and finally will causes weaker balance performance in kyphotic ind...