The min--max edge crossing problem (MMECP) is a challenging and important application problem arising in integrated-circuit design, information visualization, and software engineering. With edges drawn as straight lines in accordance with the hierarchical graph drawing standard, the goal is to...

Classic option pricing theory values a derivative contract via dynamic replication, and views the derivative as redundant relative to the replicating portfolio. In practice, while dynamic replication proves highly effective in drastically reducing the risk in derivative investments, the...