“Every culture develops some kind of art as surely as it develops language. Some primitive cultures have no real mythology or religion, but all have some art – dance, song, design (sometimes only on tools or on the human body). Dance, above all, seems to be the oldest elaborated art….. Art is, indeed, the spearhead of human development, social…[Read more]

While the colonial and modern history of epidemics in South Asia is well researched, the earlier developments of this subject area have hardly been studied. The project Epidemics and Crisis Management in Pre-modern South Asia aims to fill part of this gap by exploring the intellectual history of epidemics and similar disasters in South Asia and…[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]

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).

“The company builds cars and destroys men” was the promotional tagline of one of the posters for “Blue Collar” (1978). Shot in Detroit and Kalamazoo, Michigan, the film stars Richard Pryor, Harvey Keitel, and Yaphet Kotto playing three Detroit auto workers in financial despair who break into and rob the offices of their own union. “Blue Collar”…[Read more]

The introduction to a special issue of New Literary History titled “Culture, Theory, Data,” which explores the consequences of computation for cultural theory—and vice-versa.

The introduction begins by explaining how we came to a historical juncture where “culture” and “data” seem to be opposed terms. Then it offers some reasons for believing t…[Read more]