An economic derivative is a financial contract where payouts depend on future economic indicators. It helps manage risk and speculate on economic forecasts.

Learn how convexity adjustments in bonds affect interest rates and prices using key formulas. Understand their importance in accurately predicting bond price changes.

Insights from data and ML algorithms can be invaluable, but be warned — mistakes can be irreversible. These recent high-profile AI blunders illustrate the damage done when things don’t go according to ...

Abstract: The authors considered the solution of boundary problems, arising from objects modeling with distributed parameters, of radial basis functions networks. The gradient algorithms analysis for ...