Dupire’s functional Itˆo calculus provides an alternative approach to the classical Malliavin calculus for the computation of sensitivities, also called Greeks, of path-dependent derivatives prices. In this paper, we ...

We study the desirability of limits on the public debt and of political competition in an economy where political parties alternate in office. Due to rent-seeking motives, incumbents have an incentive to set public ...

The control of the spread of dengue fever by introduction of the intracellular parasitic bacterium Wolbachia in populations of the vector Aedes aegypti, is presently one of the most promising tools for eliminating dengue, ...

Criado em Outubro de 1999, o Programa de Pesquisa tem como missão gerar uma contribuição fundamental ao fortalecimento da competitividade industrial no Brasil, por meio de pesquisa aplicada, de ponta, sobre acumulação de ...