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Focusing on recent advances in option pricing under the SABR model, this book shows how to price options under this model in an arbitrage-free, theoretically consistent manner. It extends SABR to a negative rates environment, and shows how to generalize it to a similar model with additional degrees of freedom, allowing simultaneous model calibration to swaptions and CMSs. Since the SABR model is used on practically every trading floor to construct interest rate options volatility cubes in an arbitrage-free manner, a careful treatment of it is extremely important. The book will be of interest to experienced industry practitioners, as well as to students and professors in academia. Aimed mainly at financial industry practitioners (for example quants and former physicists) this book will also be interesting to mathematicians who seek intuition in the mathematical finance.
Focusing on recent advances in option pricing under the SABR model, this book shows how to price options under this model in an arbitrage-free, theoretically consistent manner. It extends SABR to a negative rates environment, and shows how to generalize it to a similar model with additional degrees of freedom, allowing simultaneous model calibration to swaptions and CMSs. Since the SABR model is used on practically every trading floor to construct interest rate options volatility cubes in an arbitrage-free manner, a careful treatment of it is extremely important. The book will be of interest to experienced industry practitioners, as well as to students and professors in academia. Aimed mainly at financial industry practitioners (for example quants and former physicists) this book will also be interesting to mathematicians who seek intuition in the mathematical finance.
This book constitutes revised selected papers from the workshops held at 24th International Conference on Parallel and Distributed Computing, Euro-Par 2018, which took place in Turin, Italy, in August 2018. The 64 full papers presented in this volume were carefully reviewed and selected from 109 submissions. Euro-Par is an annual, international conference in Europe, covering all aspects of parallel and distributed processing. These range from theory to practice, from small to the largest parallel and distributed systems and infrastructures, from fundamental computational problems to full-edged applications, from architecture, compiler, language and interface design and implementation to tools, support infrastructures, and application performance aspects.
This book introduces beginning undergraduate students of computing and computational disciplines to modern parallel and distributed programming languages and environments, including map-reduce, general-purpose graphics processing units (GPUs), and graphical user interfaces (GUI) for mobile applications. The book also guides instructors via selected essays on what and how to introduce parallel and distributed computing topics into the undergraduate curricula, including quality criteria for parallel algorithms and programs, scalability, parallel performance, fault tolerance, and energy efficiency analysis. The chapters designed for students serve as supplemental textual material for early comp...
Among early directors, Sergei Eisentein stands alone as the maker of a fully historical cinema. James Goodwin treats issues of revolutionary history and historical representation as central to an understanding of Eisentein's work, which explores two movements within Soviet history and consciousness: the Bolshevik Revolution and the Stalinist state. Goodwin articulates intersections between Eisentein's ideas and aspects of the thought of Walter Benjamin, Georg Lukács, Ernst Bloch, and Bertolt Brecht. He also shows how the formal properties and filmic techniques of each work reveal perspectives on history . Individual chapters focus on Strike, Battleship Potemkin, October, Old and New, projects of the 1930s, Alexander Nevsky, and Ivan the Terrible.
Documents the evolutionary development of the nation's cinema and its film artists, focusing on the period between 1896 and the death of Eisenstein in 1948.
In the summer of 1924, the Bolshevik Party called on scholars, the police, the courts, and state officials to turn their attention to the villages of Russia. The subsequent campaign to 'face the countryside' generated a wealth of intelligence that fed into the regime's sense of alarmed conviction that the countryside was a space outside Bolshevik control. Richly rooted in archival sources, including local and central-level secret police reports, detailed cases of the local and provincial courts, government records, and newspaper reports, Face to the Village is a nuanced study of the everyday workings of the Russian village in the 1920s. Local-level officials emerge in Tracy McDonald's study as vital and pivotal historical actors, existing between the Party's expectations and peasant interests. McDonald's careful exposition of the relationships between the urban centre and the peasant countryside brings us closer to understanding the fateful decision to launch a frontal attack on the countryside in the fall of 1929 under the auspices of collectivization.
This book constitutes the refereed post-conference proceedings of the 6th Russian Supercomputing Days, RuSCDays 2020, held in Moscow, Russia, in September 2020.* The 51 revised full and 4 revised short papers presented were carefully reviewed and selected from 106 submissions. The papers are organized in the following topical sections: parallel algorithms; supercomputer simulation; HPC, BigData, AI: architectures, technologies, tools; and distributed and cloud computing. * The conference was held virtually due to the COVID-19 pandemic.
Now back in print, this acclaimed biography reassesses a titan of early cinema based on new material released after the fall of the Soviet Union. Sergei Eisenstein: A Life in Conflict tells the dramatic story of one of world cinema’s towering geniuses and principal theorists. Ronald Bergan details Eisenstein’s life from his precocious childhood to his explosion onto the avant-garde scene in revolutionary Russia, through his groundbreaking film career, his relationships with authors and artists such as James Joyce and Walt Disney, and his untimely death at age fifty. Eisenstein’s landmark films, including The Battleship Potemkin and Ivan the Terrible, are still watched, admired, and tau...