Real estate developments make great applications for real option theory. However, current real option models for real estate development do not pick up the important feat[...]

This thesis looks at the problem of finding the optimal investment strategy of a self-financing portfolio in a dynamic complete market setting so that the risk measured b[...]

With the development of financial markets and increasing demand for managing risk exposure, researchers and practitioners have developed various financial instruments ove[...]

The classical secretary problem was an optimal selection thought experiment for a decision process where candidates with independent and identically distributed values to[...]

In this thesis we investigated the spatial and spectral mode profiles, and the optical transport properties of single and multiple coupled cavities. We performed numerica[...]

We define a class of convex measures of risk whose values depend on the random variables only up to the lambda-quantiles for some given constant lambda in (0,1). For thi[...]

We study the HJM approach which was originally introduced in the fixed income market by David Heath, Robert Jarrow and Andrew Morton and later was implemented in the case[...]

The economy and market have dramatically developed over the past decades. The corporations try to survive and urge to grow in such erratic circumstance. Two key dimension[...]

Chaotic systems are a class of nonlinear dynamical systems that have captured the attention of mathematicians and engineers for long. Even though chaotic systems are dete[...]