An Affine Term Structure Model (ATSM) is a class of models used in finance to describe the evolution of interest rates over time. The term structure of interest rates refers to the relationship between interest rates (or bond yields) and different maturities. The term "affine" refers to the mathematical form of the model, where the relationship is linear in parameters, making the analysis and computation more tractable.
Alpha profiling typically refers to a method used in various fields, including finance and trading, to analyze and evaluate the performance of investment strategies, particularly those that aim to generate "alpha." "Alpha" is a measure of an investment's performance on a risk-adjusted basis, representing the excess return that an investment generates compared to a benchmark index.
Cointegration is a statistical property of a collection of time series variables which indicates that, even though the individual series may be non-stationary (i.e., they have a stochastic trend and their statistical properties change over time), there exists a linear combination of those series that is stationary (i.e., its statistical properties do not change over time).
Discount points are a form of prepaid interest that borrowers can purchase to lower their mortgage interest rate. When a borrower pays discount points, they effectively pay a percentage of the loan amount upfront, which in turn can reduce the interest rate on the loan, leading to lower monthly mortgage payments. Here are some key aspects of discount points: 1. **Cost Structure**: One discount point typically costs 1% of the loan amount.
In finance, particularly in the context of options trading and derivatives, "Greeks" refer to a set of metrics used to measure the sensitivity of an option's price to changes in various underlying factors. Each Greek represents a different dimension of risk and can help traders understand how different variables can affect the value of options and other derivatives.
The Realized Kernel is a statistical tool used in the analysis of financial time series data, particularly for understanding volatility and other dynamic properties in high-frequency data. It is part of the broader class of realized measures that aim to provide a more accurate estimation of volatility compared to traditional methods.
Robert A. Jarrow is an influential figure in the fields of finance and economics, particularly known for his work in financial derivatives, fixed income securities, and risk management. He is a professor of finance at Cornell University’s Johnson Graduate School of Management and has contributed extensively to the development of models in asset pricing and interest rate theory.
Walk forward optimization (WFO) is a technique commonly used in financial trading and quantitative finance to enhance the robustness and performance of trading strategies. It is a process that allows traders and quantitative analysts to optimize their trading models in a way that accounts for the changing market conditions over time. Here's a breakdown of how walk forward optimization works: 1. **Initial Optimization**: The first step involves defining a sample period during which the trading strategy's parameters are optimized based on historical data.
Color Appearance Models (CAMs) are mathematical models used to describe how the colors of objects are perceived by the human visual system under various viewing conditions. These models help to understand and predict how color looks to viewers based on factors like lighting conditions, surrounding colors, and the observer's own visual capabilities. ### Key Features of Color Appearance Models: 1. **Contextual Influences**: CAMs account for how ambient lighting, surrounding colors, and viewing conditions affect color perception.
Holism in science is an approach that emphasizes the importance of understanding systems or entities as wholes rather than solely focusing on their individual components. The concept is rooted in the belief that the properties and behaviors of complex systems cannot be fully understood by merely analyzing their parts in isolation. Instead, the interactions and relationships between those parts play a crucial role in determining the overall behavior of the system. Holism can be contrasted with reductionism, which aims to understand systems by breaking them down into their constituent parts.
Quorum sensing is a cellular communication process used by bacteria and some other microorganisms to coordinate their behavior based on population density. It enables them to detect and respond to the presence of other cells in their environment through the release and detection of signaling molecules called autoinducers. When the concentration of these signaling molecules reaches a certain threshold, it indicates that a sufficient number of bacterial cells are present. This allows bacteria to trigger collective behaviors that are more effective when executed by a larger group.
Self-propelled particles are a class of active matter that can generate their own motion without external force. Instead of being driven by external energy sources, these particles convert energy from their surroundings into directed motion. This behavior is often seen in biological systems, such as bacteria that swim using flagella, but it can also include artificial systems or synthetic particles designed to mimic this behavior.
Analytical chemistry is a branch of chemistry focused on the qualitative and quantitative analysis of substances to understand their composition, structure, and properties. It involves a variety of techniques and methods to separate, identify, and quantify matter. Key aspects of analytical chemistry include: 1. **Qualitative Analysis**: Determining what substances are present in a sample. This involves identifying the chemical components or compounds without necessarily measuring their concentrations.
Pont's Analysis, also known as the "Pont's Point" or "Pont's Theorem," is a concept from the field of engineering, particularly within mechanical and civil engineering, related to the study of structures, particularly beams. It deals with the distribution of internal forces within a beam subjected to various loads and supports.
"Autowave" can refer to a few different things depending on the context. Here are a couple of possible interpretations: 1. **In Chemistry and Physics**: Autowave phenomena, often referred to in the context of nonlinear dynamics and reaction-diffusion systems, describe self-organizing propagating waves in a medium. These autowaves can emerge in chemical reactions, biological systems, and heat transfer processes, among others.
The Cebeci–Smith model is a mathematical model used in fluid dynamics to describe the behavior of turbulent boundary layers, particularly in the context of aerodynamic and hydrodynamic applications. Developed by Cebeci and Smith in the 1970s, this model provides a means for predicting the velocity profile and other characteristics of turbulent flows near the surface of a body, such as an airfoil or a ship’s hull.
The Variational Principle is a fundamental concept in physics and mathematics that deals with finding extrema (minimum or maximum values) of functionals, which are mappings from a space of functions to real numbers. It is widely used in various fields including mechanics, quantum mechanics, and calculus of variations.
The generalized logistic function is a flexible mathematical model that describes a variety of growth processes. It extends the traditional logistic function by allowing additional parameters that can adjust its shape. The generalized logistic function can be used in various fields, including biology, economics, and population dynamics.
The Maas–Hoffman model, also known as the Maas-Hoffman dynamic model, is a theoretical framework used to analyze and understand the behavior of people and organizations in complex systems, often in the context of resource allocation and decision-making. Although the specific name may not be widely recognized across different fields, the model typically applies principles from operational research, economics, and systems dynamics.

Pinned article: Introduction to the OurBigBook Project

Welcome to the OurBigBook Project! Our goal is to create the perfect publishing platform for STEM subjects, and get university-level students to write the best free STEM tutorials ever.
Everyone is welcome to create an account and play with the site: ourbigbook.com/go/register. We belive that students themselves can write amazing tutorials, but teachers are welcome too. You can write about anything you want, it doesn't have to be STEM or even educational. Silly test content is very welcome and you won't be penalized in any way. Just keep it legal!
We have two killer features:
  1. topics: topics group articles by different users with the same title, e.g. here is the topic for the "Fundamental Theorem of Calculus" ourbigbook.com/go/topic/fundamental-theorem-of-calculus
    Articles of different users are sorted by upvote within each article page. This feature is a bit like:
    • a Wikipedia where each user can have their own version of each article
    • a Q&A website like Stack Overflow, where multiple people can give their views on a given topic, and the best ones are sorted by upvote. Except you don't need to wait for someone to ask first, and any topic goes, no matter how narrow or broad
    This feature makes it possible for readers to find better explanations of any topic created by other writers. And it allows writers to create an explanation in a place that readers might actually find it.
    Figure 1.
    Screenshot of the "Derivative" topic page
    . View it live at: ourbigbook.com/go/topic/derivative
  2. local editing: you can store all your personal knowledge base content locally in a plaintext markup format that can be edited locally and published either:
    This way you can be sure that even if OurBigBook.com were to go down one day (which we have no plans to do as it is quite cheap to host!), your content will still be perfectly readable as a static site.
    Figure 2.
    You can publish local OurBigBook lightweight markup files to either https://OurBigBook.com or as a static website
    .
    Figure 3.
    Visual Studio Code extension installation
    .
    Figure 4.
    Visual Studio Code extension tree navigation
    .
    Figure 5.
    Web editor
    . You can also edit articles on the Web editor without installing anything locally.
    Video 3.
    Edit locally and publish demo
    . Source. This shows editing OurBigBook Markup and publishing it using the Visual Studio Code extension.
    Video 4.
    OurBigBook Visual Studio Code extension editing and navigation demo
    . Source.
  3. https://raw.githubusercontent.com/ourbigbook/ourbigbook-media/master/feature/x/hilbert-space-arrow.png
  4. Infinitely deep tables of contents:
    Figure 6.
    Dynamic article tree with infinitely deep table of contents
    .
    Descendant pages can also show up as toplevel e.g.: ourbigbook.com/cirosantilli/chordate-subclade
All our software is open source and hosted at: github.com/ourbigbook/ourbigbook
Further documentation can be found at: docs.ourbigbook.com
Feel free to reach our to us for any help or suggestions: docs.ourbigbook.com/#contact