In the often male-dominated landscape of STEM, Temple University proudly boasts a talented and diverse roster of women who have carved out their niches and made lasting impacts on their respective fields. As we celebrate Women’s History Month, we applaud our women faculty who are not only pushing the boundaries of what is known, but also inspiring the next generation of women
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2022 MAY 12 By a News Reporter-Staff News Editor at Insurance Daily News Investigators publish new report on Disease Attributes- Critical Illness. Financial supporters for this research include National Natural Science Foundation of China, Humanities and Social Sciences Project of the Ministry of Education of China. Our news journalists obtained a quote.
Stochastic processes are employed in this paper to capture the evolution of daily mean temperatures, with the goal of pricing temperature-based weather options. A stochastic harmonic oscillator model is proposed for the temperature dynamics and results of numerical simulations and parameter estimation are presented. The temperature model is used to price a one-month call option and a sensitivity analysis is undertaken to examine how call option prices are affected when the model parameters are varied.