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The Black–Scholes / ˌblækˈʃoʊlz / [ 1 ] or Black–Scholes–Merton model is a mathematical model for the dynamics of a financial market containing derivative investment instruments. From the parabolic partial differential equation in the model, known as the Black–Scholes equation, one can deduce the Black–Scholes formula, which ...
Tautochrone curve. Four balls slide down a cycloid curve from different positions, but they arrive at the bottom at the same time. The blue arrows show the points' acceleration along the curve. On the top is the time-position diagram. Objects representing tautochrone curve. A tautochrone curve or isochrone curve (from Ancient Greek ταὐτό ...
A more intuitive characteristic of exponential decay for many people is the time required for the decaying quantity to fall to one half of its initial value. (If N(t) is discrete, then this is the median life-time rather than the mean life-time.) This time is called the half-life, and often denoted by the symbol t 1/2. The half-life can be ...
The curve of fastest descent is not a straight or polygonal line (blue) but a cycloid (red).. In physics and mathematics, a brachistochrone curve (from Ancient Greek βράχιστος χρόνος (brákhistos khrónos) 'shortest time'), [1] or curve of fastest descent, is the one lying on the plane between a point A and a lower point B, where B is not directly below A, on which a bead slides ...
Problem of time. In theoretical physics, the problem of time is a conceptual conflict between general relativity and quantum mechanics in that quantum mechanics regards the flow of time as universal and absolute, whereas general relativity regards the flow of time as malleable and relative. [1][2] This problem raises the question of what time ...
Entropy is one of the few quantities in the physical sciences that require a particular direction for time, sometimes called an arrow of time. As one goes "forward" in time, the second law of thermodynamics says, the entropy of an isolated system can increase, but not decrease. Thus, entropy measurement is a way of distinguishing the past from ...
There are two main descriptions of motion: dynamics and kinematics.Dynamics is general, since the momenta, forces and energy of the particles are taken into account. In this instance, sometimes the term dynamics refers to the differential equations that the system satisfies (e.g., Newton's second law or Euler–Lagrange equations), and sometimes to the solutions to those equations.
The following is a list of notable unsolved problems grouped into broad areas of physics. [ 1 ] Some of the major unsolved problems in physics are theoretical, meaning that existing theories seem incapable of explaining a certain observed phenomenon or experimental result. The others are experimental, meaning that there is a difficulty in ...
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