We offer a hybrid (trinomial tree plus semi-analytic formulas) pricing method for FX Double Window Double Barrier option . Currently, the model uses spot implied volatility for the first time window, and forward implied volatility for the second time window. These are Black-Scholes implied volatilities from traded vanilla European options, but,…[Read more]

Tras exponer una de las más influyentes críticas del victimismo en la cultura política tardomoderna, la de Wendy Brown, este capítulo analiza un incidente de confrontación discursiva, en torno al acoso sexual y la victimización, entre «nuevos» y «viejos» feminismos mexicanos, para concluir con una reflexión orientada a des-esencializar la condici…[Read more]

‘Modernism and Religion’ argues that modernism participated in broader processes of religious change in the twentieth century. The new prominence accorded to immanence and immediacy in religious discourse is carried over into the modernist epiphany. Modernism became mystical. The emergence of Catholic theological modernism, human rights, Christian…[Read more]

The purpose of the model is to calculate the credit spread sensitivity, correlation sensitivity, and default sensitivity via analytic methods for index CDO trades and bespoke CDO trades. The credit spread sensitivity is defined as the change in the MTM by perturbing the credit spread by a small amount; the default sensitivity is calculated by…[Read more]

A pricing model for capped-accumulated-return-call (CARC) with volatility surface is presented. Proprietary approaches to interpreting volatility surface are employed during pricing. To accelerate the convergence when low discrepancy sequences are used in Monte Carlo simulation (Quasi-Monte Carlo simulation), the Brownian Bridge Path…[Read more]

This is a revised 2023 version of a course was first taught at the University of Massachusetts Amherst in fall 2018. It addresses feminism, gender and sexuality studies, queer theory, and critical race and ethnic studies in conjunction with translation studies.

The Hebrew word “ruach” – the word connected to the idea-symbol of “spirit” translates alternately as “wind,” “breathe,” or “spirit.” In Arabic, there are two words for the words: spirit, soul or self – namely, ruH (spirit, soul) & nafs (spirit, soul, self). Both of these Arabic words are also connected to the ideas of breath or wind (e.g. ruH is…[Read more]

The model serves the purpose of computing basis adjustments for credit spread curves of the constituent obligors of the indexes such that the market price of the index can be repriced exactly. These adjusted index constituent curves are then used to compute index base correlations and mapped base correlations for bespoke trades, price the standard…[Read more]

Kongruenz, Sorge und Technologie. Tricks des Verschwindens: Dienstleistung als eine Kulturtechnik des Delegierens. #Syllabi und Schattenbibliotheken: Mittel der kollektiven Gestaltung. Eine durch das Wissen um ihre Werkzeuge und Quellen definierte Gemeinschaft werden.

Heschel refers to a “deeper knowledge” and observes that “what is we cannot say.” Heschel states about the ineffable aspect of consciousness which is beyond conscious expression: “Essential to human thought is not only the technique of symbolization but also the awareness of the ineffable. In every mind there is an enormous store of not-knowi…[Read more]

The payoff of reverse convertible product involves returns on multiple assets and is conditional on hitting of continuous barriers. The Monte Carlo methodology employed by ESP is an efficient conditioning technique.

Accounting requires the ability to forecast conduit administration fees. a simple stationary lognormal model for the fees is presented. Initially, the stationarity of the sweep fees is tested by measuring the level of mean reversion. Using a Dickey-Fuller statistical test the conduits are checked for approximate stationarity. Next, assuming the…[Read more]

This paper aims to analyze the depiction of pedophilia in Humayun Ahmed’s film ‘Pleasure Boy Kômola.’ It concentrates on the social and psychological reasons for this rarely existing sexual practice or perversion and the oppressive consequences it causes on the subalterns in Bangladesh during the colonial period.

This article briefly explores the contemporary heterogeneous song-texts of Taskir Ali (popularly known as Baul Taskir) from Sunamgonj, in the district of Sylhet, Bangladesh. Bauls are nomadic communities in Bangladesh and West Bengal, India, and they express their profound spiritual philosophy and thoughts through their songs and performance.…[Read more]

The role of the internet in fomenting male supremacist ideology must be understood within the larger cultural context that undergirds and naturalizes such rhetoric. Traditional conservative (TradCon) sections of the manosphere valorize a patriarchal social order centering traditional gender roles. According to TradCon reasoning, men, under attack…[Read more]

The article presents a model for pricing digital-type barrier options on baskets of equity stocks. Within each payment period, there is a series of basket observation times. If at each observation time we observe that all basket constituent stocks remain between their lower and upper barriers, we receive a fixed coupon amount on the payment date…[Read more]

La question du libre arbitre – Stephen Cave souligne que la recherche sur le « libre arbitre » et ses implications ne sont pas nouvelles. Ce qui est nouveau, cependant, c’est la propagation du scepticisme du libre arbitre au-delà des laboratoires et dans le grand public.

Les recherches menées par Kathleen Vohs et Jonathan Schooler ont montr…[Read more]

The Issue of Free Will – Stephen Cave points out that the Free Will “research and its implications are not new. What is new, though, is the spread of free-will skepticism beyond the laboratories and into the mainstream. Determinism, to one degree or another, is gaining popular currency. The skeptics are in ascendance.” (There’s No Such Thing as Fr…[Read more]

We present a model for pricing an exotic swap where one party receives a fixed amount and makes a series of variable payments at the end of each pre-defined calculation period. The variable payments can be modeled as Asian put option payoffs on the weighted sum of two respective commodity basket levels. Furthermore, each basket level consists of a…[Read more]