Fuzzy set theory has emerged as a powerful tool to address the inherent imprecisions and uncertainties in financial modelling, notably in option pricing. By incorporating fuzziness into conventional ...

Queueing theory provides the mathematical framework to analyse and optimise systems where congestion and waiting times are inherent, while optimal pricing strategies focus on designing cost structures ...

The promise of AI technology is real, but so is the risk… and the price. It may be time to reconsider our approach. The latest advances in AI software promise to bring your business improved speed, ...