Computation in Financial Mathematics

When someone is exposed to human immunodeficiency virus (HIV), the first few hours or days can be used to determine whether he/she has been infected. However, a few hours or days after infection, the number of viruses and infected cells is very low. This makes it very hard to determine whether one has been infected [...]

Whenever text messages, cellular calls and instant messages are exchanged between individuals these sources of communication leave traces. The traces can actually be analyzed and studied. They can be significantly measured also. A research was conducted recently by Wei-Xing Zhou. Professor works for the University of Science and Technology in East China. H. Eugene Stanley [...]

A team of US researchers from the University of Washington and Institute of Technology of the Hewlett Packard Laboratories based in California presented last February 8 a proof-of-concept prototype which opens up a new frontier for future chip-housed optical network development. The presentation was published in the “New Journal of Physics” produced by the IPGPS [...]

Holger Müller grew up in Germany and ever since an early age, he has been asking the question of what exactly is time? This question led Müller to become a physics professor at the University of California. Here he discovered a new way to measure time. He was able to take advantage of the fact [...]

Scientists who are spending time learning how the songbirds manage to sing on key have also come up with a statistical explanation as to why certain things prove more difficult for the brain to learn than others. Emory biologist by name Samuel Sober has claimed that they have built the very first mathematical model that [...]

Water delivery as a utility is one of the pleasures of modern life; however this can also be very risky if it contamination of the water occurs. Such incidence of contamination has been recorded in recent years, like the Camelford and Crestwood water pollution in Cornwall, England and in the USA state of Illinois respectively. [...]

We don’t normally think of greed as being a good thing, but it does have benefits, as penguins have discovered. A recent study has shown that penguins are actually benefited as a group because the individual members act in their own best interests. The individual greed, as a whole, causes the group to huddle in a fashion that [...]

One of the world’s leading minds in mathematics, Yuri Matiyasevich, responsible for solving one of the disciplines’ most difficult and thought provoking mathematical problems has published his latest research report at the University of Leicester. The renowned mathematician, who was in the UK by an invitation of the Isaac Newton Institute for Mathematical Sciences, gave [...]

Eykhoff (1974) described mathematical model as the method used to represent the useful facts about an already existing or soon to be constructed system. This model helps to gather essential knowledge about this system in a form that is usable. The abstract model that uses mathematical language to define and describe the behavior of any system [...]

Studies that were published on the 24th October by the institute of Physics and German physical societies and researchers provides a mathematical formula that is now used in describing the process that indicates how cauliflower form its patterns, type of fractal patterns and its formation and development. Fractal is used in defining the patterns that [...]