This article presents a model for pricing complex CDO structures and compute the sensitivities of the risk factors. The complex CDO structures need to be priced using the market information on tranche losses at multiple points of time. Currently, the model is being used for the valuation of forward starting CDO trades (FSCDO) and loss-trigger…[Read more]

The structure of a Binary Return Note is similar to the one of a regular note, but the coupons are
contingent on return rates on stocks. Quasi-Monte Carlo simulation is used for pricing the product.

This article explores the co-constitution of networks and infrastructure in the context of late eighteenth- and nineteenth-century culture. We consider Maria Edgeworth’s conceptualization of the term network with and alongside infrastructure in her Harry and Lucy stories (1801–25) and offer an analysis of a manuscript tour by Mary Anne Eade fro…[Read more]

From 40 years of experience it is clear that spirituality has become entangled in abstractions: powers, perfection, supernatural, unreal, limitless knowledge, crystal ball perceptions, etc.
Dr Stephen Farra agreed with that – and went one better. Dr Farra stated “Our models are out reality. But our models are not reality. That coincides with the…[Read more]

From 40 years of experience it is clear that spirituality has become entangled in abstractions: powers, perfection, supernatural, unreal, limitless knowledge, crystal ball perceptions, etc.
Dr Stephen Farra agreed with that – and went one better. Dr Farra stated “Our models are out reality. But our models are not reality. That coincides with the…[Read more]

This chapter examines the relationship between American Westerns and Brazilian Nordesterns, films set in the arid northeastern region known as the sertão. US cultural and economic imperialism, in Brazil and throughout Latin America, is both cause and effect of persistent underdevelopment. The northward flow of natural resources has long been…[Read more]

Akira Kurosawa’s 1963 police procedural is, as its title suggests, intensely interested in the socioeconomic valences of spatial relationships, literalized in Yokohama’s affluent hills and its low-lying slums. The central conflict between inhabitants of these two spaces articulates this local topography into a global framework, in which con…[Read more]

We present a pricing model for fade option. A fade option can be more precisely named as “point-barrier option”. The fade option is a vanilla option that exists or dies if a barrier is breached on a single preset date, which is prior or equal to the contract maturity.

This article examines the conflicting representations of plasticity and epigenetics in the work of philosopher Catherine Malabou and evolutionary theorists Mary Jane West-Eberhard and Eva Jablonka. Malabou effaces the unsettled debates within the life sciences in order to speak of a new biological ‘paradigm’ and to attribute values of novelty or…[Read more]

La publicación académica no ha sido objeto de reflexión filosófica, pese a que en las formas que toma actualmente este artefacto cultural está en juego la posibilidad misma de la filosofía, al menos en tanto práctica profesional en el contexto de una economía capitalista del conocimiento. En este capítulo buscamos ofrecer una aproxima…[Read more]

Desde que el hispanista francés Félix Lecoy llamase en 1938 la atención sobre las
peculiaridades de los papeles atribuidos a las mujeres en la obra de Juan Ruiz, numerosos
trabajos académicos se han dedicado a esclarecer en lo posible las coordenadas históricas
y literarias de esta presencia femenina en el Libro de buen amor, sobre todo en lo r…[Read more]

This publication is part of the project “Ricontrans – Visual Culture, Piety and Propaganda. Transfer and Reception of Russian Religious Art in the Balkans and the Eastern Mediterranean (16th to Early 20th Century)”, funded from the European Research Council (erc) under the European Union’s Horizon 2020 research and innovation programme (grant…[Read more]

Although a plethora of ancient South Asian sources refer to situations that would be considered crises by modern standards, the early Sanskrit vocabulary lacks a word that we could understand as a distinct equivalent of the term “crisis” and its Greek and Latin predecessors. Nevertheless, the descriptions and discussions of personal and col…[Read more]

Although a plethora of ancient South Asian sources refer to situations that would be considered crises by modern standards, the early Sanskrit vocabulary lacks a word that we could understand as a distinct equivalent of the term “crisis” and its Greek and Latin predecessors. Nevertheless, the descriptions and discussions of personal and col…[Read more]

Average rate or Asian options have a payoff function proportional to an average rate or price. The average price is calculated over a sampling of specified dates that need not be equally spaced in time. The average price or rate tends to be less volatile than a single underlying price and hence, an option on the underlying average price should be…[Read more]

The incidence of diseases in the Gold Coast (now Ghana) shaped encounters between colonial officials and indigenous people, yet this subject has merited minimum attention in the Ghanaian historiography. This paper examines the colonial healthcare interventions to combat the outbreak of cerebrospinal meningitis (CSM) in Asante and
how the presence…[Read more]

The incidence of diseases in the Gold Coast (now Ghana) shaped encounters between colonial officials and indigenous people, yet this subject has merited minimum attention in the Ghanaian historiography. This paper examines the colonial healthcare interventions to combat the outbreak of cerebrospinal meningitis (CSM) in Asante and
how the presence…[Read more]

This study highlights the transitions that indigenous medicine and indigenous medical practices have undergone in Asante. It uses a qualitative approach anchored on both primary and secondary sources. The primary data sources include interviews and documentary data derived from reports in historical archives. Anchored on rational choice contingent…[Read more]

I co-edited this collection of essays about color order and color ordering systems based on a workshop held at TU-Berlin in 2020.
https://bit.ly/Ordering_Colours

The article discusses valuation models for the following products: power financial indices swap contracts (PWR-SWAP), power financial transmission rights contracts (PWRSWAP- FTR), power physical delivery contracts (PWR-PHYS) and power physical transmission contracts (PWR-TR-SPREAD). All products have similar valuation structure – index swap (or s…[Read more]