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Article
An efficient Monte Carlo simulation for new uncertain Heston–CIR hybrid model
In this paper, we consider two new stock models in which their differential equations are modeled by Liu process in uncertain environment. Firstly, we study the uncertain Schöbel–Zhu–Hull–White hybrid model an...
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Article
Fuzzy simulation of European option pricing using mixed fractional Brownian motion
Financial pricing models have great impact on the world of high finance as they enable financial experts to predict the dynamics of underlying asset. Over the last few decades, there has been a lot of competit...
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Article
The mean chance of ultimate ruin time in random fuzzy insurance risk model
In this paper, we study a modified risk model in which both the claim amount and premium are assumed to be random fuzzy variables. In this risk model, some new theorems concerning the mean chance of ultimate r...
