BTW, the authors of that article are just journalists, if I'm not mistaken...."

You are mistaken. This particular research was done by qualified scientists and peer reviewed. And yes, having fewer or no children is something also found high on their list of things people can do on their own.

A couple of years ago I corresponded with one of the authors of a refereed article that rated the efficacy of actions for reducing one's personal environmental footprint. The article included the obvious suggestions (ditching the car, going vegetarian, etc.) but completely missed an obvious one - na...

Seeing as both Monte Carlo and binomial trees can be used to price options, can the poster's questions be related to the geometry of the binomial tree? 

Does it have to be options? If not, how about Treasury bond futures?

".... it is very very hard, for a life insurance company to be under distress."

You might instead consider stand-up comedy as a career?

Let's take this thread a little "outside"?

I recommend you read this:
https://www.newyorkfed.org/medialibrary ... RC-faq.pdf
The ARRC is the  Alternative Reference Rates Committee.

Forgetting options for a moment, ATMF means that no money needs to change hands today when agreeing to a transaction settling at some date later than spot settlement. Don’t get too hung up on measure here, just think of what the price has to be for the transaction to be arbitrage-free. Review the 'c...

Okay, I remembered it. Count the number of characters including blank spaces in the text string and convert the answer from decimal to octal. 

I've built my XLL add-ins using the Excel C API for ages but not lately, and I've forgotten a detail. The code line below assigns an error message string that will be returned by a function if a certain argument fails a certain error check: result.val.str = "\043Time_in_years must be non-negative!" ...

Google "tailing a hedge" or "tailing a futures hedge".

"Who has a fascist government?"
Hungary. They've been there before, of course.

Commonwealth countries (UK, Canada, Aussie, New Zealand) tend to have a zero day lag, that is fixing dates are the same as value dates.

" yes this is an interesting topic, some we can find from option theory and practice." Indeed. I did that kind of research in the late 1980's and that is partly how I informed my opinion on the topic. Have you read any of the Free Banking literature? Kevin Dowd from the UK is one proponent of this i...

Limited liability is a fascinating topic. Assuming any private company ever had the wherewithal to sell it (which I totally doubt), what would the premium to buy limited liability insurance? I imagine it would be enormous. This being so, I have always thought that the corporate tax should be fairly ...