The aim of this paper is to show the benefit of applying a three-dimensional Fourier cosine series expansion method in order to price and hedge multiasset spread options. The approach consists of ...

Over at Quanta Magazine [Shalma Wegsman] asks What Is the Fourier Transform? [Shalma] begins by telling you a little about Joseph Fourier, the French mathematician with an interest in heat propagation ...

When last we saw [xoreaxeax], he had built a lens-less optical microscope that deduced the structure of a sample by recording the diffraction patterns formed by shining a laser beam through it. At the ...