Zobrazeno 1 - 10
of 65
pro vyhledávání: '"Fries, Christian P."'
Autor:
Fries, Christian P.
By its nature, the so-called social cost of carbon (SCC(t)) will likely not cover the cost induced by climate change (damage cost and abatement cost) if it is used as a CO$_2$-price. It is a marginal price only. We define an implied CO$_2$-price that
Externí odkaz:
http://arxiv.org/abs/2312.13448
Autor:
Fries, Christian P., Quante, Lennart
Today's decisions on climate change mitigation affect the damage that future generations will bear. Discounting future benefits and costs of climate change mitigation is one of the most critical components of assessing efficient climate mitigation pa
Externí odkaz:
http://arxiv.org/abs/2312.07614
We propose a lean and functional transaction scheme to establish a secure delivery-versus-payment across two blockchains, where a) no intermediary is required and b) the operator of the payment chain/payment system has a small overhead and does not n
Externí odkaz:
http://arxiv.org/abs/2311.05966
Autor:
Fries, Christian, Quante, Lennart
Assessing the costs of climate change is essential to finding efficient pathways for the transition to a net-zero emissions economy, which is necessary to stabilise global temperatures at any level. In evaluating the benefits and costs of climate cha
Externí odkaz:
http://arxiv.org/abs/2309.16186
Autor:
Fries, Christian P.
In this paper, we introduce a model that adds a non-linearity to discounting: the discounting factor may depend on the notional (i.e., discounted values are no longer linear in the notional). In the first part of the paper, we provide a discounting w
Externí odkaz:
http://arxiv.org/abs/2007.06465
Autor:
Fries, Christian, Kohl-Landgraf, Peter, Paffen, Björn, Weddigen, Stefanie, Del Re, Luca, Schütte, Wilfried, Bacher, David, Declara, Rebecca, Eichsteller, Daniel, Weichand, Florian, Streubel, Michael
In this note we describe the application of existing smart contract technologies with the aim to construct a new digital representation of a financial derivative contract. We compare several existing DLT based technologies. We provide a detailed desc
Externí odkaz:
http://arxiv.org/abs/1903.00067
Autor:
Fries, Christian P.
In this paper, we present a method for the accurate estimation of the derivative (aka.~sensitivity) of expectations of functions involving an indicator function by combining a stochastic algorithmic differentiation and a regression. The method is an
Externí odkaz:
http://arxiv.org/abs/1811.05741
Autor:
Fries, Christian P.
In this note we derive the backward (automatic) differentiation (adjoint [automatic] differentiation) for an algorithm containing a conditional expectation operator. As an example we consider the backward algorithm as it is used in Bermudan product v
Externí odkaz:
http://arxiv.org/abs/1707.04942
Autor:
Fries, Christian, Kampen, Joerg
In this paper we establish a constructive method in order to show global existence and regularity for a class of degenerate parabolic Cauchy problems which satisfy a weak Hoermander condition on a subset of the domain where the data are measurable an
Externí odkaz:
http://arxiv.org/abs/1002.5031
Publikováno v:
In Journal of Empirical Finance June 2017 42:175-198
