We investigate a new basic model for asset pricing, the hyperbolic model, which allows an almost perfect statistical t of stock return data. After a brief introduction into the theory supported by an appendix we use also secondary market data to compare the hyperbolic model to the classical Black-Scholes model. We study implicit volatilities, the smile e ect and the pricing performance. Exploit...

in shallow foundations, the third bearing capacity factor, n, has been found to show a decreasing tendency with increasing the foundation size. it is supported by experimental observations and related mainly to stress level dependent nature of the soil. on the other hand, the bearing capacity is often obtained theoretically without consideration of the foundation vertical displacements. in thi...

One area that is often overlooked by economists and social scientists is discounting. Most economic models of intertemporal choice make use of Samuelson’s (1937) DU model which leads to an exponential discount function. Divergences from what economic modelling predicts and empirical findings are on the most part attributed to factors other than the discount function employed. We review the lite...

We show that in the Klein projective ball model of hyperbolic space, the hyperbolic Voronoi diagram is affine and amounts to clip a corresponding power diagram, requiring however algebraic arithmetic. By considering the lesser-known Beltrami hemisphere model of hyperbolic geometry, we overcome the arithmetic limitations of Klein construction. Finally, we characterize the bisectors and geodesics...

We show that heterogeneous degree distributions in observed scale-free topologies of complex networks can emerge as a consequence of the exponential expansion of hidden hyperbolic space. Fermi-Dirac statistics provides a physical interpretation of hyperbolic distances as energies of links. The hidden space curvature affects the heterogeneity of the degree distribution, while clustering is a fun...

Radial lines, suitably parameterized, are geodesics, but notice that the distance from the origin to the (Euclidean) unit sphere is infinite. This model makes it intuitively clear that the boundary at infinity of hyperbolic space is Sn−1. Hyperbolic space together with its boundary at infinity has the topology of a closed ball, and isometries of hyperbolic space extend uniquely to a homeomorphi...

We introduce a number of new tools for the study of relatively hyperbolic groups. First, given a relatively hyperbolic group G, we construct a nice combinatorial Gromov hyperbolic model space acted on properly by G, which reflects the relative hyperbolicity of G in many natural ways. Second, we construct two useful bicombings on this space. The first of these, preferred paths, is combinatorial ...

We define and study an extended hyperbolic space which contains the hyperbolic space and de Sitter space as subspaces and which is obtained as an analytic continuation of the hyperbolic space. The construction of the extended space gives rise to a complex valued geometry consistent with both the hyperbolic and de Sitter space. Such a construction shed a light and inspires a new insight for the ...