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Gosper's Algorithm Meets Wall Street Formulas

Posted by Unknown on from the hypergeometric-overlords dept.

peter.hill.1980 writes "Wall Street's money making formulas need to be as explicit as possible for efficiency purposes. An old, existing and famous formula — binomial options pricing formula — has now been scrutinized for theoretical optimality in a forthcoming paper by Evangelos Georgiadis of MIT using Gosper's Algorithm, proving that no general explicit or closed form expression exists for pricing."

1 of 124 comments (clear)

  1. Re:Hurh? by Anonymous Coward · · Score: 0, Troll

    Indeed, I realize that this is /., and that /. doesn't have any editors, but this is pretty ridiculous. At least link to something that has some information if you can't be arsed to create an informative summary.

    i resent that remark. slashdot has the very best editor niggers that a watermelon and a bucket of fried chicken can buy.

    to prove it they'll make haste to use their infinite mod points to mod this down to -1 since it says the word "nigger" and that triggers instant OH NO, ALERT ALERT UNAPPROVED WORD I FEEL SO OFFENDED NOW ... but they won't fix the fucking summary. they gots priorities yo.