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  • Nonlinear Option Pricing
    Nonlinear Option Pricing

    New Tools to Solve Your Option Pricing ProblemsFor nonlinear PDEs encountered in quantitative finance, advanced probabilistic methods are needed to address dimensionality issues.Written by two leaders in quantitative research—including Risk magazine’s 2013 Quant of the Year—Nonlinear Option Pricing compares various numerical methods for solving high-dimensional nonlinear problems arising in option pricing.Designed for practitioners, it is the first authored book to discuss nonlinear Black-Scholes PDEs and compare the efficiency of many different methods.Real-World Solutions for Quantitative Analysts The book helps quants develop both their analytical and numerical expertise.It focuses on general mathematical tools rather than specific financial questions so that readers can easily use the tools to solve their own nonlinear problems.The authors build intuition through numerous real-world examples of numerical implementation.Although the focus is on ideas and numerical examples, the authors introduce relevant mathematical notions and important results and proofs.The book also covers several original approaches, including regression methods and dual methods for pricing chooser options, Monte Carlo approaches for pricing in the uncertain volatility model and the uncertain lapse and mortality model, the Markovian projection method and the particle method for calibrating local stochastic volatility models to market prices of vanilla options with/without stochastic interest rates, the a + b? technique for building local correlation models that calibrate to market prices of vanilla options on a basket, and a new stochastic representation of nonlinear PDE solutions based on marked branching diffusions.

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  • Option to Kill
    Option to Kill

    Nathan McBride, “the most brutally effective thriller hero to appear in years” (Ridley Pearson, author of Killer Weekend), returns in the third installment of one of the best new series in thriller fiction.When Nathan McBride receives a text message from someone who claims she’s been kidnapped, it triggers a deadly chain of events that has the potential to haunt him for the rest of his life.Nathan will soon learn that nothing from his past could ever prepare him for the crisis he’ll soon be facing.The girl’s name is Lauren and she’s just twelve years old.With virtually no experience with children, Nathan’s patience and compassion are about to be tested to their limits.In a violent confrontation, Nathan rescues Lauren from her kidnapper, but as he unravels Lauren’s story, he realizes his troubles are only beginning.She says she’s in the Witness Security Program, and doesn’t trust the US Marshals because she thinks they’re complicit in her abduction.Not only that, her stepdad was murdered last night.In a desperate and unlikely alliance, Nathan and Lauren must stay one step ahead of her kidnapper and the brutal mercenaries who will kill anyone who gets in their way.Played out over the course of 36 lightning-fast hours, Nathan and Lauren must learn to trust each other—or they won’t survive.

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  • The Benedict Option
    The Benedict Option

    Our churches are beset by challenges. From the outside, they are beset by a rapidly secularizing culture.From the inside, they're being hollowed out by the departure of young people and a watered-down spirituality.Many believers are blind to it, and their churches are too weak to resist.Those who notice are often frightened, and wonder what went wrong and what they can do about these trends. The Benedict Option is a guide for Christians under siege - a strategy that draws on the authority of scripture and the wisdom of the ancient church.The goal: to embrace exile from mainstream culture and construct a resilient counterculture.In this visionary book, Dreher urges today's faithful to be new St Benedicts, building up local churches, creating new schools and taking up practices that can help them face today's world with confidence. Horrified by the moral chaos following Rome's fall, St Benedict - a sixth-century monk - retreated to the forest and created a new way of life.He built enduring communities based on order, hospitality, stability and prayer.His spiritual centres of hope saved not just Christianity but Western civilization. The Benedict Option is both manifesto and rallying cry for Christians who, if they are not to be conquered anew, must learn how to fight on culture war battlefields like none the West has seen for fifteen hundred years.It's for all mere Chris­tians - Protestant, Catholic, Orthodox - who can read the signs of the times.Neither false optimism nor fatalistic despair will do.Only faith, hope, and love, embodied in a renewed church, can sustain us.These are the days for building strong arks for the long journey across a sea of night.

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  • The Ezekiel Option
    The Ezekiel Option


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  • "Equality before, but justice first?"

    "Equality before, but justice first" suggests that while equality is important, it should not come at the expense of justice. This phrase emphasizes the need to address systemic injustices and inequalities in order to achieve true equality. It implies that simply treating everyone the same does not necessarily address the underlying issues of discrimination and oppression. Instead, it calls for prioritizing justice in order to create a more equitable society for all.

  • What is an option certificate for a call option?

    An option certificate for a call option is a document that represents the right to buy a specific amount of an underlying asset at a predetermined price within a certain time frame. It is a contract between the option holder and the option writer, and it gives the holder the opportunity to purchase the underlying asset at the agreed-upon price, known as the strike price. The certificate also specifies the expiration date, which is the last day the option can be exercised. Overall, the option certificate for a call option provides the holder with the right, but not the obligation, to buy the underlying asset at a set price within a defined period.

  • What is the difference between justice and equality?

    Justice refers to the fair and impartial treatment of individuals based on their actions and circumstances. It involves ensuring that individuals receive what they deserve based on their conduct and the law. On the other hand, equality refers to the state of being equal, especially in status, rights, and opportunities. It focuses on ensuring that everyone has the same access to resources and opportunities, regardless of their background or circumstances. While justice emphasizes fairness and impartiality, equality emphasizes equal treatment and access to resources.

  • Is revenge an option?

    Revenge may feel like an option in the heat of the moment, but ultimately it is not a healthy or productive choice. Seeking revenge can perpetuate a cycle of negativity and harm, and often does not bring the satisfaction or closure that one may hope for. It is important to focus on finding constructive ways to address and move past the hurt, rather than seeking revenge. Choosing forgiveness and letting go of the desire for revenge can lead to greater peace and healing.

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  • Freedom, Equality and Justice in Islam
    Freedom, Equality and Justice in Islam

    In 'Freedom, Equality and Justice in Islam', M H Kamali presents the reader with an analysis of the three concepts of freedom, equality and justice from an Islamic point of view and their manifestations in the religious, social, legal and political fields.The author discusses the evidence to be found for these concepts in the Qur'an and 'Sunna', and reviews the interpretations of the earlier schools of law.The work also looks at more recent contributions by Muslim jurists who have advanced fresh interpretations of freedom, equality and justice in the light of the changing realities of contemporary Muslim societies. 'Freedom, Equality and Justice in Islam' is part of a series dedicated to the fundamental rights and liberties in Islam and should be read in conjunction with 'The Dignity of Man: An Islamic Perspective and Freedom of Expression in Islam.'

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  • Caring Democracy : Markets, Equality, and Justice
    Caring Democracy : Markets, Equality, and Justice

    A rethinking of American democracy that puts caring responsibilities at the centerAmericans now face a caring deficit: there are simply too many demands on people’s time for us to care adequately for our children, elderly people, and ourselves.At the same time, political involvement in the United States is at an all-time low, and although political life should help us to care better, people see caring as unsupported by public life and deem the concerns of politics as remote from their lives.Caring Democracy argues that we need to rethink American democracy, as well as our fundamental values and commitments, from a caring perspective.What it means to be a citizen is to be someone who takes up the challenge: how should we best allocate care responsibilities in society?Joan Tronto argues that we need to look again at how gender, race, class, and market forces misallocate caring responsibilities and think about freedom and equality from the standpoint of making caring more just.The idea that production and economic life are the most important political and human concerns ignores the reality that caring, for ourselves and others, should be the highest value that shapes how we view the economy, politics, and institutions such as schools and the family.Care is at the center of our human lives, but Tronto argues it is currently too far removed from the concerns of politics.Caring Democracy traces the reasons for this disconnection and argues for the need to make care, not economics, the central concern of democratic political life.

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  • Play and Social Justice : Equity, Advocacy, and Opportunity
    Play and Social Justice : Equity, Advocacy, and Opportunity

    The importance of play for healthy development is undeniable.Aspects of play have been linked to the development of social skills, health and fitness, motivation, curiosity, innovation, imagination, and problem solving.Both theory and research suggest that play of various types is critical for healthy development and that playfulness is an important quality across the life span.However, opportunities to play and quality of play facilities in schools, after-school programs, childcare centers, community parks, and museums are not equitable by race, socio-economic status, and ability. And racial profiling, immigrant status, illness, and incarceration interfere with child’s play.The first section of the book defines play and social justice and describes disparities in play opportunities in childcare, schools, and communities as well as inequities in how play is interpreted.The next section describes pre-school, elementary, high school, and university programs that use play to liberate, teach, and build community as well as after-school, hospital, and community programs that help to level the playing field of opportunity.The final part of the book discusses ways to ameliorate inequities through research and advocacy.Four research methods are described that are useful for conducting studies on the amount of play children experience, attitudes toward play, and the effect of play on other variables.Finally, a child, a parent, and a teacher describe ways they tried to obtain more recess, using various methods of advocacy.The appendix provides resources indispensable for those convinced that play for all is indeed a social justice issue worthy of advocacy.

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  • Justice Is an Option : A Democratic Theory of Finance for the Twenty-First Century
    Justice Is an Option : A Democratic Theory of Finance for the Twenty-First Century

    More than ten years after the worst crisis since the Great Depression, the financial sector is thriving.But something is deeply wrong. Taxpayers bore the burden of bailing out "too-big-to-fail" banks but got nothing in return.Inequality has soared, and a populist backlash against elites has shaken the foundations of our political order.Meanwhile, financial capitalism seems more entrenched than ever.What is the Left to do? Justice Is an Option uses those problems, and the framework of finance that created them, to reimagine historical justice.Robert Meister returns to the spirit of Marx to diagnose our current age of finance.Instead of closing our eyes to the political economic realities of our era, we need to grapple with them head on.Meister does just that, asking whether the very tools of finance that have created our vastly unequal world could instead be made to serve justice and equality.Meister formulates here nothing less than a democratic financial theory for the twenty-first century, one that is equally conversant in political philosophy, Marxism, and contemporary politics.Justice Is an Option is an invigorating first page of a new--and sorely needed--leftist playbook.

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  • What is Ortel's option?

    Ortel's option is a telecommunications service provider that offers a range of services including internet, television, and phone services to customers in various regions. They provide different packages and plans to cater to the needs of their customers, with options for both residential and business users. Ortel's option aims to provide reliable and high-quality services to their customers at competitive prices.

  • Which option seems reasonable?

    It is difficult to determine which option is reasonable without knowing the specific context or options being compared. However, a reasonable option is typically one that is practical, logical, and takes into consideration the available resources and constraints. It is important to carefully evaluate the pros and cons of each option before making a decision.

  • Which option is better for the first date, option 1 or 2?

    Option 2 is better for a first date. It provides a more relaxed and casual setting, allowing for easier conversation and getting to know each other. The outdoor activity also provides an opportunity for physical activity and shared experiences, which can help create a stronger connection. Additionally, the natural setting can help to reduce any potential awkwardness and create a more comfortable atmosphere for both individuals.

  • Is behavior therapy an option?

    Yes, behavior therapy is an option for individuals seeking help with changing specific behaviors or addressing mental health issues. Behavior therapy focuses on identifying and modifying unhealthy behaviors through techniques such as positive reinforcement, cognitive restructuring, and exposure therapy. It can be effective for a variety of conditions, including anxiety disorders, phobias, depression, and substance abuse. It is important to consult with a mental health professional to determine if behavior therapy is the right approach for your specific needs.

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