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The Libor Market Model and its several extensions can be seen as state of the art in interest rate modeling. However, due to the ever increasing complexity of interest rate products, the high dimensionality of this approach starts to reach its limits from the computational side. This book is mainly concerned with a class of Markovian Yield Curve Models which try to overcome that disadvantage as they enable a low-dimensional deterministic and fast PDE valuation. The objective of this book is thereby threefold: - To illuminate in a compact way the connection between stochastic processes and...

The Global Biodiversity Strategy' signed in 1992 in Rio de Janeiro, and the resolutions at the Ministerial Conferences on the Protection of Forests in Europe in Strasbourg, 1990, and Helsinki, 1993, commit the signatory states to monitor nationally the state of biodiversity and to sustain the characteristic natural variation in the country. Sustainability and long-term planning are the two terms best describing the philosophy of traditional forest management practices. However, the traditional planning techniques are not primarily developed to maintain sustainability of biodiversity.
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The Global Biodiversity Strategy' signed in 1992 in Rio de Janeiro, and the resolutions at the Ministerial Conferences on the Protection of Forests in Europe in Strasbourg, 1990, and Helsinki, 1993, commit the signatory states to monitor nationally the state of biodiversity and to sustain the characteristic natural variation in the country. Sustainability and long-term planning are the two terms best describing the philosophy of traditional forest management practices. However, the traditional planning techniques are not primarily developed to maintain sustainability of biodiversity.
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