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  • af Shui Yu, Xiaodong Wang, Youyang Qu & mfl.
    641,95 kr.

    This book constitutes the refereed post-conference proceedings of the 17th EAI International Conference on Tools for Design, Implementation and Verification of Emerging Information Technologies, TridentCom 2022, which was held in Melbourne, Australia, in November 23-25,2022. The 11 full papers were selected from 30 submissions and deal the emerging technologies of big data, cyber-physical systems and computer communications. The papers are grouped in thematical sessions on network security; network communication; network services; mobile and ad hoc networks; blockchain; machine learning.

  • af Xiaodong Wang
    306,95 kr.

    This book proposes a closed-form solution for pricing an American put option on a non-dividend paying stock based on an optimally early-exercise strategy. An American put option should be early exercised when the maximum option premium of early exercise is not less than the value of its European counterpart; otherwise, it should not be early exercised. This paper also shows that Merton (1973)¿s formula for pricing a perpetual American put option on a non-dividend paying stock is not perfect and shows such an option¿s value is equal to its strike price.

  • af World Bank & Xiaodong Wang
    443,95 kr.