Adaptive importance sampling techniques are widely known for the Gaussian setting of Brownian driven diffusions. In this work, we want to extend them to jump processes. Our approach relies on a change of the jump intensity combined with the standard exponential tilting for the Brownian motion....

Le diagnostic du territoire et de l'offre de transports constitue la première étape de tout travail en bureau d'études. Les indicateurs et critères d'analyse employés permettent de dégager des enjeux de desserte du territoire et de participer ensuite à l'élaboration des scénarios. Le...

El desarrollo local puede definirse como el crecimiento sostenible desde un punto de vista global, que considere a grandes rasgos aspectos económicos, sociales y medioambientales, lo que implicaría realizar una serie de proyectos enfocados a alcanzar metas en cada una de esas áreas. Los...

The increasing failure of IT projects has led to debate about the way these projects are currently managed and to a search for new concepts and theories about project management in order to decrease the failure rate. We assume that it is important to know how to observe an on-going IT project in...

In this work, we propose to price Parisian options using Laplace transforms. Not only do we compute the Laplace transforms of all the different Parisian options, but we also explain how to invert them numerically. We prove the accuracy of the numerical inversion.

Le fort développement logistique, tout particulièrement au sein des pays du Nord, se traduit par l’accumulation d’entrepôts dans les territoires métropolitains (Hesse, 2008) tels que celui de Paris. Il nécessite la production d’espaces de grandes tailles, de grands entrepôts, très...

El partenariado como estrategia de gestión de las relaciones y de los procesos de dinamización del territorio, desde el abordaje del fenómeno migratorio en Asturias.

Project-based working is so widespread today that Luc Boltanski and Eve Chiapello (1999) go so far as to regard the project-based 'mode of justification' as a component part of the new ideology of modern capitalism. This particular set of principles is applied in the legal, educational,...

This paper shows consistency of a two step estimation of the factors in a dynamic approximate factor model when the panel of time series is large ( large). In the first step, the parameters of the model are estimated from an OLS on principal components. In the second step, the factors are...

Council Regulation (EC) 1/2003 came into force in May 2004 and replaced the mandatory notification of agreements by a regime of ex post monitoring. This paper shows that ex post monitoring is the optimal audit regime when the competition authority's probability of error is low. On the other...