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The celebrated Black-Scholes differential equation provides for the price of a financial derivative. The uncertainty environment of such option price can be described by the classical ‘bit’: a system with two possible states. This paper argues for the introduction of a different uncertainty environment characterized by the so called ‘qubit’. We obtain an information-based option price and discuss the differences between this option price and the classical option price.
In recent years, tremendous progress has been made in unraveling the elegant mechanisms by which intracellular pathogens invade host cells and establish intracellular infections. By contrast, our knowledge of the mechanisms of host cell Nike Free Run 5.0 Mens Uk cytolysis and the egress of intracellular pathogens is still in its infancy. Temporal pore-formation-mediated lysis of the host and exit by Legionella pneumophila and Leishmania could provide a new model of egress for other intracellular pathogens, many of which exhibit pore-forming or cytolysin activity
In a previous paper the authors analysed the classical discrete tomography problem to construct a 0–1-matrix with given line sums in some given directions. One of the physical representations is that material at the lattice points corresponding to 1's emit units of radiation and Nike Air Presto 2013 that the radiation is measured along the given lines. In the present paper they extend their approach to the case that the intermediate material is absorbing the radiation. They generalise results obtained by Kuba and Nivat.