ublicly owned treatment works (POTWs) are beginning the process of identifying air emissions from their wastewater treatment and collection facilities. Many of these facilities will be required by local and state regulatory agencies to reduce emissions to meet air quality or health risks standards. Emissions include odors and toxic, reactive, volatile and criteria pollutants. A wide range of re...

Very little information exists in regards to the control options available for potato flea beetles, Epitrix spp. This short review covers both chemical and ecological options currently available for control of Epitrix spp. Synthetic pyrethroids are the weapon of choice for the beetles. However, the impetus in integrated pest management is to do timely (early-season) applicatio...

Montecarlo methods can be used to price derivatives for which closed evaluation formulas are not available or di cult to derive. A drawback of the method can be its high computational cost, especially if applied to basket options, whose payo s depend on more than one asset. This article presents two kinds of control variates to reduce variance of estimates, based on unconditional and conditiona...

This article discusses convergence problems when calculating Vega (option sensitivity to volatility) that arise from discretization errors embedded in the lattice approach. Four alternative improvements to the traditional binomial method are discussed and investigated for performance. We also propose a new Modified Binomial (MB) Method to calculate Vegas. Numerical results show that although th...

Software pricing has traditionally been focused on the vendor’s internal business objectives of covering costs, achieving specified margins, and meeting the competition. Pricing methods such as flat price, tiered pricing, MIPS-based, usage-based, per user, per seat, and pay as you go, are often tactical in nature and easily matched by competitors, which can undermine profitability by accelerati...

This paper gives a probabilistic interpretation of a class of nite diierence schemes often referred to as the-method. In particular, the present paper shows that for some parameter values the-method can been seen as a binomial tree with a random time.

A special inequality between the tail probabilities of certain related hypergeometrics was shown by Seneta and Phipps [19] to suggest useful ‘quasi-exact’ alternatives to Fisher’s [5] Exact Test. With this result as motivation, two inequalities of Hájek and Havránek [6] are investigated in this paper and are generalised to produce inequalities in the form required. A parallel inequality in bino...

This research investigates how the price frame affects the consumer’s preference. Using qualitative methodology from the prospective of behavioral science, we find in the overall assessment of a product, the consumers have more selective attention and thus higher weight on secondary attributes under partitioned pricing than under combined pricing. That means in online selling, consumers pay mor...

The aim of this paper is to study the problem of optimality of replicating strategies associated with pricing of American contingent claims in the Cox–Ross–Rubinstein model with proportional transaction costs. We show that a replication of the option is always possible. We give sufficient conditions for the existence of a replicating strategy which is optimal, and also show an example of an opt...