This project will explore AI enhancements to Variate, Purdue University’s STEM assessment platform, through the integration of the OpenAI Language Model API that powers ChatGPT. The AI-driven ...
We propose a new control variate method combined with a characteristic function approach for pricing path-dependent options under time-changed Lévy models. In this method, we generate a process that ...
This paper develops a method for estimating value-at-risk and conditional value-at-risk when the underlying risk factors follow a beta distribution in a univariate and a matrix-variate setting. For ...
Books Received Published: 04 April 1942 The Variate Difference Method M. G. KENDALL Nature 149, 369–370 (1942) Cite this article ...