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

A research team from the Xi'an Institute of Optics and Precision Mechanics (XIOPM) of the Chinese Academy of Sciences, along with collaborators from the Institute National de la Recherche Scientifique ...

Global climate models capture many of the processes that shape Earth's weather and climate. Based on physics, chemistry, ...

Mercedes may have landed themselves in the middle of a controversy to start the new Formula 1 regulations. Fans did not get a clear sense of who was fastest at the Barcelona shakedown, but there were ...