This paper is concerned with the solution of the optimal stopping problem associated to the value of American options driven by continuous-time Markov chains. The valuefunction of an American option ...

As proposed by Irle and Gani in 2001, a process X is said to be slower in level crossing than a process Y if it takes X stochastically longer to exceed any given level than it does Y. In this paper, ...

Intelligent systems may encounter environments characterized by varying levels of uncertainty, limited visibility, and continuous shifts. As these systems expand into areas such as autonomous mobility ...