At first glance, the delivery of building materials to construction sites might not seem to have much in common with the calibration of derivatives pricing models. However, both problems can be solved ...

※ Editor's Note. At the opening ceremony of the International Congress of Mathematicians in Rio de Janeiro, Brazil, on August 1, 2018, the winners of the Fields Medal—the highest honor for a young ...

Over the past decades, optimal transport theory has found broad applications across both applied and theoretical fields. A central role is played by the so-called fundamental theorem of optimal ...

Valer Zetocha introduces a framework for generating arbitrage-free transformations of an implied volatility surface based on optimal transport maps between suitable distributions. He exemplifies his ...