This paper develops an n-dimensional Markov-functional interest rate model, ie, a model driven by an n-dimensional state process and constructed using Markov functional techniques. It is shown that ...

EMBARGOED UNTIL 11 a.m. ET on Friday, October 25, 2019, CLEVELAND: In the first retrospective cohort study of the functional medicine model, Cleveland Clinic researchers found that functional medicine ...

The class of Markov-functional models (MFMs) provides a framework that can be used to define interest-rate models of finite dimension calibrated to any arbitrage-free formula for caplet or swaption ...

We present the Xilinx Platform Specification Format (PSF) for system design and verification. PSF is a plug-n-play infrastructure, which promotes IP core reusability, time-to-market reduction, and IP ...

Note: This article was originally published by Booz & Company. The prevailing functional model in most companies dates back to the 1850s. Some of the first private-sector functionaries were railroad ...