The circumference of a sphere is measured to be 24 cm, with a possible error of 0.25 cm. Use the differential \(dV\) to estimate the maximum error in the calculated ...
We study the strong approximation of a backward SDE with finite stopping time horizon, namely the first exit time of a forward SDE from a cylindrical domain. We use the Euler scheme approach of ...
The calculation of the minimum regulatory capital that a financial institution needs to hold as a buffer to safeguard against adverse business outcomes is a delicate statistical issue. In this paper ...
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