Search results for "Partial derivative"

showing 2 items of 22 documents

Finite-size effects of Kirkwood–Buff integrals from molecular simulations

2017

The modelling of thermodynamic properties of liquids from local density fluctuations is relevant to many chemical and biological processes. The Kirkwood–Buff (KB) theory connects the microscopic structure of isotropic liquids with macroscopic properties such as partial derivatives of activity coefficients, partial molar volumes and compressibilities. Originally, KB integrals were formulated for open and infinite systems which are difficult to access with standard Molecular Dynamics (MD) simulations. Recently, KB integrals for finite and open systems were formulated (J Phys Chem Lett. 2013;4:235). From the scaling of KB integrals for finite subvolumes, embedded in larger reservoirs, with the…

Thermodynamic stateGeneral Chemical EngineeringMonte Carlo methodInverse02 engineering and technology01 natural sciencesMolecular dynamicsthermodynamicsKirkwood–Buff integrals0103 physical sciencesfinite-size effectsGeneral Materials ScienceStatistical physicsScalingPhysics010304 chemical physicsIsotropyGeneral Chemistry021001 nanoscience & nanotechnologyCondensed Matter Physicsmolecular dynamicsModeling and SimulationThermodynamic limitPartial derivative0210 nano-technologyInformation Systems
researchProduct

Iterative Methods for Pricing American Options under the Bates Model

2013

We consider the numerical pricing of American options under the Bates model which adds log-normally distributed jumps for the asset value to the Heston stochastic volatility model. A linear complementarity problem (LCP) is formulated where partial derivatives are discretized using finite differences and the integral resulting from the jumps is evaluated using simple quadrature. A rapidly converging fixed point iteration is described for the LCP, where each iterate requires the solution of an LCP. These are easily solved using a projected algebraic multigrid (PAMG) method. The numerical experiments demonstrate the efficiency of the proposed approach. Furthermore, they show that the PAMG meth…

ta113Mathematical optimizationStochastic volatilityDiscretizationIterative methodComputer scienceFinite difference methodLinear complementarity problemIterative methodQuadrature (mathematics)Multigrid methodFixed-point iterationBates modelLinear complementarity problemGeneral Earth and Planetary SciencesPartial derivativeAmerican optionGeneral Environmental ScienceProcedia Computer Science
researchProduct