Einstein observed, “Try and penetrate with our limited means the secrets of nature and you will find that, behind all the discernible laws and connections, there remains something subtle, intangible and inexplicable. Veneration of this force beyond anything that we can comprehend is my religion. To that extent I am, in fact, religious.” As the p…[Read more]

Einstein observed, “Try and penetrate with our limited means the secrets of nature and you will find that, behind all the discernible laws and connections, there remains something subtle, intangible and inexplicable. Veneration of this force beyond anything that we can comprehend is my religion. To that extent I am, in fact, religious.” As the p…[Read more]

‘There is no truth, only perception of truth’, and that perception too changes with time. Lysistrata is one such text where this difference of perception prevails. Written by Aristophanes in 411 BCE, Lysistrata is one of the eleven Old Greek Comedy plays surviving out of forty-two. The play revolves around the Peleponnesian war, when women hav…[Read more]

La inteligencia artificial (IA) no sólo es tecnociencia sino también cultura que se remonta a ciertas valoraciones filosóficas de la inteligencia, lo natural y lo artificial. De ahí que produzca entusiasmo y temor, por no decir angustia ante la finitud de cierta humanidad. No se trata tanto, para el pensamiento contemporáneo de la técnica, de re…[Read more]

Este artículo argumenta que las críticas feministas del universalismo androcéntrico, el determinismo tecnológico y la mercantilización del conocimiento no se conforman ya con figurar como contenidos académicos, sino que se constituyen activismos académicos por la transformación post-humanista de los saberes a través de prácticas experimen…[Read more]

We present a valuation model for pricing two asset barrier options on commodity futures. Applications to commodity futures have a number of specific. The analytical valuation formulas are also implemented. The payoff of a two asset barrier options is made against one of the assets, while the other asset is used to trigger the barrier.

Forest conservation is a very important concept across the world. It is not only crucial for climate change but also very critical for the survival of humanity. In Africa, forests have always been an important aspect of nature that is regarded with uttermost reverence and
care. Importantly, discussions on health, healthcare, culture, economics…[Read more]

A two-asset barrier option is a European style option whose value is determined by two underlying assets. One asset, S1, determines the payoff function, and the other, S2, knocks the option in or out if the S2 value crosses the barrier.

A Market Mix GIC is a type of guaranteed investment certificate, which offers a return based on a corresponding GIC rate and the performance of a basket of certain stock and bond market indices. The payoff at maturity from a Market Mix GIC can be shown equal to the invested principal plus this principal times the sum of the minimum guaranteed…[Read more]

The Market Mix GIC is a type of guaranteed investment certificate, of 3- or 5-year term, which offers a return based on a corresponding GIC rate and the performance of a basket of certain stock and bond market indices. To determine the rate of return, the percentage change in each index level from the initial level is calculated. Here the initial…[Read more]

A pricing model was developed for pricing a total return swap between two parties. Here party A receives LIBOR plus a spread, but pays out the equity dividends arising from a collateralized loan obligation (CLO).

1. Gergen argues that situations which human beings didn’t understand or deal with appropriately would inflict painful lessons – providing a conditioning or predisposition for learning. “In the Darwinian sense, the ability to conceptualize has survival value. To be more specific, concepts are valuable tools in problem solving.” (p.23) “In ess…[Read more]