The classical approximation provides a non-perturbative approach to time-dependent problems
in finite temperature field theory. We study the divergences in hot classical field theory …

We study Chern–Simons number diffusion in a SU(2)-Higgs model with CP-odd dimension-eight
operators. We find that the thermal average of the magnitude of the velocity of the Chern…

Traditionally derivatives have been valued in isolation. The balance sheet of which a
derivative position is part, was not included in the valuation. Recently however, aspects of the …

Since the credit crisis the valuation of simple derivatives has become much more complex,
primarily through so-called adjustments such as the credit value, debt value and funding …

FVA, funding valuation adjustment, is a new and controversial adjustment to the value of a
firm’s derivatives position, joining CVA (credit valuation adjustment) and DVA (debt valuation …

We calculate the effect of two CP-violating (dimension-eight) operators of the SU(2)-Higgs
model on the motion along a particular path from the vacuum to the sphaleron. It turns out that …

This paper describes a model for the valuation of assets on a bank balance sheet with liquidity
risk. The new feature of this model is that it explicitly incorporates the funding term of an …

Most of the assets on the balance sheet of a typical bank are illiquid. Therefore, liquidity risk
is one of the key risks for banks. Since the risks of an asset affect its value, liquidity risk …

We show that CP-violation can lead to an asymmetric diffusion of the Chern-Simons number
in thermal equilibrium. This asymmetry leads to a linearly growing expectation value of the …

Most of the assets on the balance sheet of typical banks are illiquid. This exposes banks to
liquidity risk, which is one of the key risks for banks. Since the value of assets is determined …