The life of the artist “is a constant–and constantly losing–battle to keep at bay, on one side, the permanent shortfall of physical and mental abilities in the context of the perfection that art strives to be, and, on the other side, the inevitable arrival of silence and death.”

2025-12-07
Here’s musician and music critic Samuel Lipman on the inner life of the artist: This life is a constant–and constantly losing–battle to keep at bay, on one side, the permanent shortfall of physical and mental abilities in the context of … Continue reading → …

ARIMA-Black-Scholes: Semi-Parametric Market price of risk for Risk-Neutral Pricing (code + preprint)

2025-12-07
The post demonstrates a semi-parametric approach using ARIMA models to extract the market price of risk from physical stock price simulations and transform them into risk-neutral paths for option pricing.
Continue reading: ARIMA-Black-Scholes: Semi-Parametric Market …