The Bjerksund-Stensland model is a key method for pricing American options. It helps investors determine optimal times for exercising options with dividends considered.

Today’s standard operating procedure for LLMs involves offline training, rigorous alignment testing, and deployment with frozen weights to ensure stability. Nick Bostrom, a leading AI philosopher and ...

Mathematicians finally understand the behavior of an important class of differential equations that describe everything from ...

Researchers at Santa Clara University have developed a comprehensive mathematical framework to rigorously analyze and predict ...