In this paper we consider optimal stopping problems for a general class of reward functions under matrix-exponential jump-diffusion processes. Given an American call-type reward function in this class ...
The purpose of the paper is to derive sequential estimation procedures for multidimensional processes with independent increments. In analogy to the case of one-dimensional processes the exponential ...
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GPT-5 model helps crack one of quantum computing’s most stubborn open problems
Researchers now say OpenAI’s GPT-5 has helped prove strict limits on QMA. The model suggested a mathematical expression that led to a breakthrough on how far error reduction can go. The study may be ...
Elon Musk may be worth the $56 billion payout he is asking for to lead Tesla into the future, or maybe not. Time will tell. But one thing is clear: No other business leader has yet captured quite so ...
What’s the greatest shortcoming of the human race? I’m sure we all have some suggestions, but according to physicist Albert Bartlett, it is “our inability to understand the exponential function.” ...
Ask ordinary software developers how to code an exponential function (that is, e x) and most will tell you to simply write an expression in their favorite high level language. But a significant slice ...
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