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Merton's portfolio problem. Merton's portfolio problem is a problem in continuous-time finance and in particular intertemporal portfolio choice. An investor must choose how much to consume and must allocate their wealth between stocks and a risk-free asset so as to maximize expected utility.
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Definition. The basic Fredkin gate [3] is a controlled swap gate (CSWAP gate) that maps three inputs (C, I1, I2) onto three outputs (C, O1, O2). The C input is mapped directly to the C output. If C = 0, no swap is performed; I1 maps to O1, and I2 maps to O2. Otherwise, the two outputs are swapped so that I1 maps to O2, and I2 maps to O1.
The Karnaugh map (KM or K-map) is a method of simplifying Boolean algebra expressions. Maurice Karnaugh introduced it in 1953 [ 1 ] [ 2 ] as a refinement of Edward W. Veitch 's 1952 Veitch chart , [ 3 ] [ 4 ] which itself was a rediscovery of Allan Marquand 's 1881 logical diagram [ 5 ] [ 6 ] aka Marquand diagram [ 4 ] but now with a focus set ...
Glossary of mathematical symbols. A mathematical symbol is a figure or a combination of figures that is used to represent a mathematical object, an action on mathematical objects, a relation between mathematical objects, or for structuring the other symbols that occur in a formula. As formulas are entirely constituted with symbols of various ...
The Rokeach Value Survey (RVS) is a values classification instrument. Developed by social psychologist Milton Rokeach, the instrument is designed for rank-order scaling of 36 values, including 18 terminal and 18 instrumental values. [1] The task for participants in the survey is to arrange the 18 terminal values, followed by the 18 instrumental ...
The Game of Life, also known simply as Life, is a cellular automaton devised by the British mathematician John Horton Conway in 1970. [1] It is a zero-player game, [2][3] meaning that its evolution is determined by its initial state, requiring no further input. One interacts with the Game of Life by creating an initial configuration and ...
Tautology (logic) In mathematical logic, a tautology (from Ancient Greek: ταυτολογία) is a formula that is true regardless of the interpretation of its component terms, with only the logical constants having a fixed meaning. For example, a formula that states, "the ball is green or the ball is not green," is always true, regardless of ...