Search results for "Europe"

Reduced Order Models for Pricing European and American Options under Stochastic Volatility and Jump-Diffusion Models

2017

Abstract European options can be priced by solving parabolic partial(-integro) differential equations under stochastic volatility and jump-diffusion models like the Heston, Merton, and Bates models. American option prices can be obtained by solving linear complementary problems (LCPs) with the same operators. A finite difference discretization leads to a so-called full order model (FOM). Reduced order models (ROMs) are derived employing proper orthogonal decomposition (POD). The early exercise constraint of American options is enforced by a penalty on subset of grid points. The presented numerical experiments demonstrate that pricing with ROMs can be orders of magnitude faster within a give…

Witnessing the experience of European bordering: Watching the documentaryUnder den samme himmelin an immigration detention centre

2017

This article draws on theories of bordering and mediated witnessing to examine a documentary film that mediates migrants’ experiences of bordering in Europe. My analysis of Under den samme himmel/Days of Hope shows how the film captures the multiplicity of bordering practices, from geographical to socio-cultural borderings. The analysis is informed by watching and discussing the film in an immigrant detention facility in Finland with people who experienced and eye-witnessed experiences similar to those depicted in the film. This creates a sense of co-presence of the experiential landscapes in the border zones, and the film invites viewers to consider borders not as lines in the landscape, b…

The Janus face of social innovation in local welfare initiatives

2017

University Autonomy, Agenda Setting and the Construction of Agency : the case of the European University Association in the European Higher Education…

2014

This article analyses the ways in which a policy actor constructs its agency through the production of knowledge. Taking the example of the concept of ‘autonomy’ as constructed in the discourse of the European University Association (EUA), the article draws on the theory of discursive framing and agenda setting, as well as on Meyer and Jepperson's heuristic of agentic actors, to show how the practice of knowledge production can shape the European higher education policy. The article offers a contribution to the debate aiming to develop a more critical perspective on the development of the European Higher Education Area, which sees the process as constituted through the activities of, and t…

Of Walls and Fences: Brexit and the History of Cross-Border Migration

2019

Champions of Brexit have employed a large arsenal of arguments to boost their case for a Britain better off on its own, freed from its current European entanglements. All kinds of supposed ills have been linked to the country’s EU membership in British public debates over the years, ranging from petty bureaucratic absurdities, such as directives regarding crooked bananas, to heavy-handed rulings on higher matters of domestic and foreign policy. Lamentations about continental meddling have been accompanied by grand, nostalgic visions of an unfettered future Great Britain, ready to return to its proper, independent role on the global stage once it manages to cast off the shackles imposed by B…

The relationship between context, structure, and processes with outcomes of 6 regional diabetes networks in Europe

2018

BackgroundWhile health service provisioning for the chronic condition Type 2 Diabetes (T2D) often involves a network of organisations and professionals, most evidence on the relationships between the structures and processes of service provisioning and the outcomes considers single organisations or solo practitioners. Extending Donabedian's Structure-Process-Outcome (SPO) model, we investigate how differences in quality of life, effective coverage of diabetes, and service satisfaction are associated with differences in the structures, processes, and context of T2D services in six regions in Finland, Germany, Greece, Netherlands, Spain, and UK.MethodsData collection consisted of: a) systemat…

Industrial Citizenship, Cosmopolitanism and European Integration

2014

Abstract. There has been an explosion of interest in the idea of European Union citizenship in recent years, as a defining example of postnational cosmopolitan citizenship potentially replacing, or at least layered on top of national citizenships. We argue this form of EU citizenship undermines industrial citizenship, which is a crucial support for the egalitarianism and social solidarity on which other types of citizenship are based. Because industrial citizenship arises from collectivities based in class identities and national institutions, it depends on the nation state erritorial order and the social closure inherent in this. EU citizenship in its current ‘postnational’ form is realize…

Visibility without voice: Media witnessing irregular migrants in BBC online news journalism

2016

In the analysis of journalistic representation of irregular migration to Europe, rather little attention is given to the variation of modes and genres of journalism. Most studies focus on text in ‘old media’ and the news genre. This article analyses affordances of different modalities and genres of online journalism in framing irregular migrants. Media framing in BBC online news coverage of a mediatised conflict in Spain, defined as a ‘migration crisis’, is analysed with multimodal social semiotics. While mediation makes global audiences witness tragedies at Europe's borders and online journalism affords more voice and deliberation for migrant sources, the frames of threat and victim domina…

Care for older people in early twenty-first-century Europe : dimensions and directions of change

2017

Maallistuneet Madonnat ja 1800-luvun lopun käsityksiä materiaalisuudesta

2017

Edvard Munch (1864-1944) ja Axel Gallén (Akseli Gallen-Kallela) (1865-1931) tutustuivat toisiinsa Berliinissä vuonna 1895, jolloin he pitivät yhteisnäyttelyn Ugo Barroccio -taidegalleriassa. Yhteisnäyttelyssä taiteilijat esittelivät muun muassa omat versionsa madonna-aiheesta. Gallénin materiaalikuvauksessaan yksityiskohtainen ja vertauskuvallisuudessaan renessanssihenkiseksikin luonnehdittu, äitiyden onnea henkivä Madonna-teos sisältää runsaasti visuaalisia viitteitä Vienan Karjalaan, suomalaisen kansallismytologian alkulähteille. Taiteilija oli tehnyt häämatkansa Vienan Karjalaan pari vuotta ennen teoksensa valmistumista ja kuvasi teoksessaan vaimonsa Maryn ja tyttärensä Impi Marjatan. Mu…