Numerical solutions of SDDE often reflect to only a limited extent the exact solution behaviour. Hence it is necessary to identify those parameters of SDDE and algorithm for which a numerical method in use is reliable. For affine SDDE test equations, there exist estimates of the stability...

We develop an algorithm to compute asset allocations for Kahneman and Tversky’s (Econometrica, 47(2), 263–291, 1979) prospect theory. An application to benchmark data as in Fama and French (Journal of Financial Economics, 47(2), 427–465, 1992) shows that the equity premium puzzle is...

A new Monte Carlo algorithm which provides enhanced sampling in the calculation of equilibrium thermodynamic properties of spin systems is presented. The algorithm proposed performs trial moves based on the generalized statistical distributions derived from a modification of the Gibbs-Shannon...

An electrical power system usually includes machines with their regulators and controls linked through power lines, transformers, capacitor banks, reactors, and loads. In stability analysis, two distinct strategies are possible for solving the differential equations and network equations...