Mobile devices with an enhanced capability are desired to achieve more efficient and
energy‐aware wireless communications in the future 5G networks. However, the …

In this paper, we introduce a regime-switching model, such that the volatility of the model
depends on the asset price. In this model, the interest rate and the volatility are associated …

This paper presents a novel approach to predicting stock prices using technical analysis. By
utilizing Ito's lemma and Euler-Maruyama methods, the researchers develop Heston and …

This paper presents an efficient Monte Carlo simulation scheme based on the variance
reduction methods to evaluate arithmetic average Asian options in the context of the double …

One of the financial model with nonconstant volatiltiy is the constant elasticity of varinace
model, or CEV model for short. The CEV model is an altrnative to the Black–Scholes model …

Financial derivatives have developed rapidly over the past few decades due to their risk-
averse nature, with options being the preferred financial derivatives due to their flexible …

This paper suggests a new and efficient variance reduction technique based on the Monte-
Carlo simulation method for pricing the reinsurance contract in a regime-switching …

In this article, we propose a super-fast computational algorithm for three-asset equity-linked
securities (ELS) using the finite difference method (FDM). ELS is a very popular investment …

A new Monte Carlo method is presented to compute the prices of digital barrier options on
stocks. The main idea of the new approach is to use an exceedance probability and …

This paper presents an analytical view of variance reduction by control variate technique for
pricing arithmetic Asian options as a financial derivatives. In this paper, the effect of …