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We introduce convex,and in particular semidefinite,optimization methods,duality and complexity theory to shed new light to this relation for the single stock problem, given moments of the prices of the underlying assets,we show that we can find best possible bounds on option prices with general payoff funcations efficiently,either algorithmically(solving a semidefinite optimization problem)or in closed form, conversely,given observable option prices,we provide best possible bounds on moments of the prices of the underlying assets,as well as on the prices of the other options on the same asset by sovling linear optimization problems for options that are affected by multiple stocks either directly(the payoff of the option depends on multiple stocks)or indirectly(we have information on correlations between stock prices),we find on-optimal bounds using convex optimization methods,however,we show that it is NP-hard to find best possible bounds in multiple dimensions,we extend our results to incorporate transactions costs,this paper,in theory and practice can provide a reference to researchers and designers about Chinese financial derivative products,the full text is divided into six chapters as follows: ChapterⅠ:Papers on the background and significance of the subjects on a number of option pricing models as well as their advantages and shortcomings of the model and describes the status of research and writing papers and the main contents of the basic idea.

相应地,给定期权价格,也能够出标的资产瞬时价格的最有可能的最好的界。还有通过解决一个线性最优化问题,根据同一标的资产的其他期权的价格来找到这个期权的界值,对于期权受到多种股票价格直接影响(期权的收益依赖于多种股票)或者间接影响(我们有股票之间联系的有用信息),如果使用凸规划方法我们就会发现没有最优的界,也能够证明对于多维情形确实是很难找到最优的最有可能的界值,最后将这一结论推广到考虑交易成本的情况。本文在理论和实践上给我国金融衍生产品研究者和设计者提供一定的参考。全文共分为六章,具体安排如下:第一章:阐述论文的选题背景和意义,介绍期权定价的一些模型以及这些模型的优点与缺点,并介绍国内外研究的现状以及论文的写作基本思路与主要内容。

Rhine's work on psychokinesis showed that certain people could clearly influence the chance of a specific combination occurring when a pair of dice was repeatedly thrown by a machine.

莱茵河对意志力的工作表明,某些人可以清楚地影响时发生的具体的骰子是机器一再抛出组合的机会。

IT strategic planning is occasionally discussed at IT management meetings. The alignment of business requirements, applications and technology takes place reactively rather than by an organisationwide strategy. The strategic risk position is identified informally on a project-by-project basis.

在管理层的会议上,IT战略计划仅被偶尔提及,业务需求、应用和技术的整合也仅仅是被动的而不是组织级战略的一部分,只是在每个具体的项目中正式地定义了其风险地位。

Many real domain applications of MAS, such as information retrieval and data mining on the WWW can be reduced to the problem of searching in an unknown environment.

现在 MAS中的许多具体应用问题也可以归结为对未知环境的搜索。比如 WWW上的信息检索、数据发掘等。当存在信息缺失的情况下,如何设计 MAS系统使之更为有效地搜索是目前 MAS研究的一个重要课题。

If the reclassification happens, the move will be implemented over six to 18 months.

如果最后真地变动,具体调整将在未来6-18个月内落实。

The equations of two classes of 3D polynomial maps that are equivariant with respect to the rotational symmetries of either a regular tetrahedron group or a regular octahedron group are strictly given, on the basis of which the properties of the general Julia sets created by these 3D polynomial maps are discussed and proved.

从理论上分析并证明了三维多项式映射满足等变的条件,精确地给出了关于正四面体群和正八面体群具有旋转不变对称性的两类三维等变映射的具体公式,在此基础上讨论并证明了三维多项式映射的广义Julia集所具有的性质。

It is necessary and urgent to make innovations in theory as well as to adjust relevantly in practice in order to adapt the new international environment better.

为了更好地适应变化了的形势和国际环境,对国家经济主权及其行使从理论创新到具体实践做出相应的调整和变通都是极其必要和迫切的。

This paper presents the reproducing kernel wavelet functionrepresentation in frequency and time domain by residue principle for specificreproducing kernel space 〓.

对具体的再生核空间〓,用留数计算法则,巧妙地给出频域与时域上的再生核小波函数表达式。

In truth, Linnaeus's genius consists not so much in the resoluteness with which he places man among the primates as in the irony with which he does not record-as he does with the other species-any specific identifying characteristic next to the generic name Homo, only the old philosophical adage: nosce te ipsum {know yourself }.

事实上,林奈的天份并不过多地在于他将人置于灵长类中的坚决,而是在于那种他不记录任何具体的识别特定的趋近于普遍的名称为人的反讽,只在乎古老的哲学格言:"认识你自己"的反讽。

This paper briefly introduces the graph theory, expounds the inter na l relations between the graph theory and the technical dimension chain , and desc ribes the method of resolving technical dimension chain by using graph theory th rough actual examples.

简要地介绍了图论理论,阐述了图论与工艺尺寸链的内在联系,并通过示例具体介绍了应用图论求解工艺尺寸链的方法。

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For a big chunk of credit-card losses; the number of filings (and thus charge-off rates) would be rising again, whether

年美国个人破产法的一个改动使得破产登记急速下降,而后引起了信用卡大规模的亏损。

Eph. 4:23 And that you be renewed in the spirit of your mind

弗四23 而在你们心思的灵里得以更新

Lao Qiu is the Chairman of China Qiuyang Translation Group and the head master of the Confucius School. He has committed himself to the research and promotion of the classics of China.

老秋先生为中国秋阳翻译集团的董事长和孔子商学院的院长,致力于国学的研究和推广。