Because of non-traded human capital, real-world fi nancial markets are massively incomplete. The modeling of imperfect, dynamic financial markets is a wide-open and difficult field, as yet barely ploughed. Following Cox, Ross and Rubinstein (1979), who calculated the prices of derivative...

The decision tree algorithm for monotone classification presented in [4, 10] requires strictly monotone data sets. This paper addresses the problem of noise due to violation of the monotonicity constraints and proposes a modification of the algorithm to handle noisy data. It also presents...

This paper describes a real options valuation method for situations where the underlying asset may have negative values and the underlying project present value distribution is something of the shape between normal and lognormal distribution causing skewness to the rate of return distribution....

This paper examines the efficiency of decision trees on US economic crisis periods. Many other studies examined various approaches, like noise-to-ratio models, discrete choice models, neural networks, fuzzy logic and neuro-fuzzy systems among others. Two approaches are applied. The first is a...

This article was written to assist law librarians and archivists in determining the copyright status of works in the library's collection. With that information, the library is in a better position to decide what uses can be made of the works and to recognize the consequences if the library...