This paper examines the structure of option valuation problems and develops a new technique for their solution. It also introduces several jump and diffusion processes which have nol been used in previous models. The technique is applied lo these processes to find explicit option valuation formulas

such regulation is then sketched lo provide elemenls of a theory of supply of regulation. A variety of empirical evidence and illustration is also presented. W The state—the machinery and power of the state—is a potential resource or threat to every industry in the society. With its power to prohibit or compel

~- (1, and then the result is classical. A simple proof appears in Enriques-Chisini [E, vol. 3, chap. 3], based on analyzing the totality of coverings of p1 of degree n, with a fixed number d of ordinary branch points. This method has been extended to char. p by William Fulton [F], using specializations

+ pleasant vs. White + pleasant for self-described unprejudiced White subjects). Consider a thought experiment. You are shown a series of male and female faces, to which you are to respond as rapidly as possible by saying "hel lo " if the face is male and "goodbye" if it is female. For a

and convolutional codes for lower rates less than 213. Any combination of block and convolutional component codes is possible. Several interleaving techniques are described. At a bit error rate (BER) of lo- * the performance is slightly above or around the bounds given by the cutoff rate for reasonably simple block

formally to a conditional false accept probability of one in about lo”’. Index Terms- Image analysis, statistical pattern recognition, biometric identification, statistical decision theory, 2-D Gabor filters, wavelets, texture analysis, morphogenesis. I.

vol. 6, no. 8, pp. 211-220, 1951. [7] J. L. Anderson and J. W..Ryon, “Electromagnetic radiation in accelerated systems, ” Phys. Rev., vol. 181, pp. 1765-1775, 1969. [8] C. V. Heer, “Resonant frequencies of an electromagnetic cavity in an accelerated system of reference, ” Phys. Reu., vol. 134, pp

be pos-sible. To reflect this view of computation, [Sar89] develops the cc family of languages. We present here one mem-ber of the family, CC(.L,+) (pronounced “cc with Ask and Choose”) which provides the basic operations of blocking Ask and atomic Tell and an algebra of be-haviors closed under prefixing

. The thesis underlying l._lS is that development of reliable distributed software can be simplified using process groups and group programming too/_. This paper motivates the approach taken, surveys the system, and discusses our experience with real applications.

(MD), which has been widely used in the past for studying simple liquids and solids, has more recently been applied to molecular systems with internal degrees of freedom such as N, [l], H,O [2] and even C,H,, [3]. In applying the MD method three problems arise: (a) the choice of a suitable mechanical