Abstract Natural language semanticists have often found it useful to assume that all expressions denote sets of values. The approach is most prominent in the study questions and prosodic focus, but also common work on indefinites, disjunction, negative polarity, scalar implicature. However, popular compositional implementation this idea known face technical obstacles presence object-language bi...

Patients and health authorities increasingly claim active roles in health care decision making processes. As immune therapies in MS are partially effective MS is a prototypic condition for a shared decision making process. The treatment of acute relapses and the initiation, change or withdrawal of so called disease-modifying treatments are key decisions in MS management. We developed two decisi...

Ait-Sahalia and Lo (2000) and Panigirtzoglou and Skiadopoulos (2004) have argued that Economic VaR (E-VaR), calculated under the option market implied risk neutral density is a more relevant measure of risk than historically based VaR. As industry practice requires VaR at high confidence level of 99%, we propose Extreme Economic Value at Risk (EE-VaR) as a new risk measure, based on the General...

One of the central goals in finance is to find better models for pricing and hedging financial derivatives such as call and put options. We present a new semi-nonparametric approach to risk-neutral density extraction from option prices, which is based on an extension of the concept of mixture density networks. The central idea is to model the shape of the risk-neutral density in a flexible, non...