Using option prices the expectations of the market participants concerning the underlying asset can be extracted as well as the uncertainty surrounding these expectations. In this paper a mixture of lognormal density functions will be assumed to analyze options on three-month Euribor futures for...

Classical epidemiology has generally relied on the description and explanation of the occurrence of infectious diseases in relation to time occurrence of events rather than to place of occurrence. In recent times, computer generated dot maps have facilitated the modeling of the spread of...

The purpose of this paper is to offer a unified discussion of variable-order differential operators in anomalous diffusion modeling. The characteristics of the new models, in contrast to constant-order fractional diffusion models, change with time, space, concentration or other independent...

Weibull distribution can be used to model the wind speed distribution at a particular site and hence, it can help in wind resource assessment (WRA) of a site. By calculating the shape (k) and scale (c) parameters for Weibull distribution, the wind speed frequency curve for a site can be made....