The Bjerksund-Stensland model is a key method for pricing American options. It helps investors determine optimal times for exercising options with dividends considered.

Calling a friend "cousin" might not be just a term of affection among some African Americans. Now, a mathematical model shows that there is a good chance there is some type of family connection ...

University of Alberta researchers have, for the first time, captured a much better view of what may be contributing to ...