Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror
Math

Submission + - Gosper's Algorithm meets Wall Street Formulas (ssrn.com) 1

peter.hill.1980 writes: "So, word has it that Wall Street's money making formulas need to be as explicit as possible for efficiency purposes ... an old, existing and famous formula — binomial options pricing formula — has now been scrutinized for theoretical optimality in a forthcoming paper in Algorithmic Finance by Evangelos Georgiaids of MIT using Gosper's Algorithm proving that no closed form solution is obtainable."
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Gosper's Algorithm meets Wall Street Formulas

Comments Filter:

"Oh dear, I think you'll find reality's on the blink again." -- Marvin The Paranoid Android

Working...