We propose an accurate method for pricing arithmetic Asian options on the discrete or continuous average in a general model setting by means of a lower bound approximation. In particular, we derive ...

Researchers demonstrate a novel method for transforming continuous time crystals into discrete ones using subharmonic injection locking, offering new insights into ...

The benchmark tests show that the noise-free realization of QA can significantly outperform state-of-the-art classical algorithms. Quantum annealing (QA) is a cutting-edge algorithm that leverages the ...

Physicists have shown that Markov processes, widely used to model complex systems, must unfold over a larger space than previously assumed. Scientists believe that time is continuous, not discrete -- ...

Several economic and financial time series are bounded by an upper and lower finite limit (e.g., interest rates). It is not possible to say that these time series are random walks because random walks ...

Two major theories have fueled a now 1,500 year-long debate started by Saint Augustine: Is consciousness continuous, where we are conscious at each single point in time, or is it discrete, where we ...

This file type includes high resolution graphics and schematics when applicable. Yet recently, continuous-time delta-sigma ADCs have gained popularity in technical journals and the industry. They have ...