{"id":"https://openalex.org/W2162419369","doi":"https://doi.org/10.1109/ipdpsw.2010.5470706","title":"A parallel Particle swarm optimization algorithm for option pricing","display_name":"A parallel Particle swarm optimization algorithm for option pricing","publication_year":2010,"publication_date":"2010-04-01","ids":{"openalex":"https://openalex.org/W2162419369","doi":"https://doi.org/10.1109/ipdpsw.2010.5470706","mag":"2162419369"},"language":"en","primary_location":{"id":"doi:10.1109/ipdpsw.2010.5470706","is_oa":false,"landing_page_url":"https://doi.org/10.1109/ipdpsw.2010.5470706","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2010 IEEE International Symposium on Parallel & Distributed Processing, Workshops and Phd Forum (IPDPSW)","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5083544041","display_name":"Hari Prasain","orcid":null},"institutions":[{"id":"https://openalex.org/I46247651","display_name":"University of Manitoba","ror":"https://ror.org/02gfys938","country_code":"CA","type":"education","lineage":["https://openalex.org/I46247651"]}],"countries":["CA"],"is_corresponding":true,"raw_author_name":"Hari Prasain","raw_affiliation_strings":["Department of Computer Science, University of Manitoba, Winnipeg, MAN, Canada"],"affiliations":[{"raw_affiliation_string":"Department of Computer Science, University of Manitoba, Winnipeg, MAN, Canada","institution_ids":["https://openalex.org/I46247651"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5058236540","display_name":"Girish Kumar Jha","orcid":"https://orcid.org/0000-0002-3872-4843"},"institutions":[{"id":"https://openalex.org/I46247651","display_name":"University of Manitoba","ror":"https://ror.org/02gfys938","country_code":"CA","type":"education","lineage":["https://openalex.org/I46247651"]}],"countries":["CA"],"is_corresponding":false,"raw_author_name":"Girish Kumar Jha","raw_affiliation_strings":["Department of Computer Science, University of Manitoba, Winnipeg, MAN, Canada"],"affiliations":[{"raw_affiliation_string":"Department of Computer Science, University of Manitoba, Winnipeg, MAN, Canada","institution_ids":["https://openalex.org/I46247651"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5028631410","display_name":"Parimala Thulasiraman","orcid":"https://orcid.org/0000-0002-6445-3629"},"institutions":[{"id":"https://openalex.org/I46247651","display_name":"University of Manitoba","ror":"https://ror.org/02gfys938","country_code":"CA","type":"education","lineage":["https://openalex.org/I46247651"]}],"countries":["CA"],"is_corresponding":false,"raw_author_name":"Parimala Thulasiraman","raw_affiliation_strings":["Department of Computer Science, University of Manitoba, Winnipeg, MAN, Canada"],"affiliations":[{"raw_affiliation_string":"Department of Computer Science, University of Manitoba, Winnipeg, MAN, Canada","institution_ids":["https://openalex.org/I46247651"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5013006175","display_name":"Ruppa K. Thulasiram","orcid":"https://orcid.org/0000-0002-6519-3929"},"institutions":[{"id":"https://openalex.org/I46247651","display_name":"University of Manitoba","ror":"https://ror.org/02gfys938","country_code":"CA","type":"education","lineage":["https://openalex.org/I46247651"]}],"countries":["CA"],"is_corresponding":false,"raw_author_name":"Ruppa Thulasiram","raw_affiliation_strings":["Department of Computer Science, University of Manitoba, Winnipeg, MAN, Canada"],"affiliations":[{"raw_affiliation_string":"Department of Computer Science, University of Manitoba, Winnipeg, MAN, Canada","institution_ids":["https://openalex.org/I46247651"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5083544041"],"corresponding_institution_ids":["https://openalex.org/I46247651"],"apc_list":null,"apc_paid":null,"fwci":2.7929,"has_fulltext":false,"cited_by_count":15,"citation_normalized_percentile":{"value":0.91560683,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":null,"issue":null,"first_page":"1","last_page":"7"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10100","display_name":"Metaheuristic Optimization Algorithms Research","score":0.9979000091552734,"subfield":{"id":"https://openalex.org/subfields/1702","display_name":"Artificial Intelligence"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10100","display_name":"Metaheuristic Optimization Algorithms Research","score":0.9979000091552734,"subfield":{"id":"https://openalex.org/subfields/1702","display_name":"Artificial Intelligence"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T12101","display_name":"Advanced Bandit Algorithms Research","score":0.9817000031471252,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":0.9729999899864197,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/particle-swarm-optimization","display_name":"Particle swarm optimization","score":0.7699331045150757},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.7211032509803772},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.5331562757492065},{"id":"https://openalex.org/keywords/valuation-of-options","display_name":"Valuation of options","score":0.4268868565559387},{"id":"https://openalex.org/keywords/parallel-algorithm","display_name":"Parallel algorithm","score":0.4165414571762085},{"id":"https://openalex.org/keywords/algorithm","display_name":"Algorithm","score":0.38995370268821716},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.14842891693115234},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.14712417125701904},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.09280195832252502}],"concepts":[{"id":"https://openalex.org/C85617194","wikidata":"https://www.wikidata.org/wiki/Q2072794","display_name":"Particle swarm optimization","level":2,"score":0.7699331045150757},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.7211032509803772},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.5331562757492065},{"id":"https://openalex.org/C194483076","wikidata":"https://www.wikidata.org/wiki/Q380382","display_name":"Valuation of options","level":2,"score":0.4268868565559387},{"id":"https://openalex.org/C120373497","wikidata":"https://www.wikidata.org/wiki/Q1087987","display_name":"Parallel algorithm","level":2,"score":0.4165414571762085},{"id":"https://openalex.org/C11413529","wikidata":"https://www.wikidata.org/wiki/Q8366","display_name":"Algorithm","level":1,"score":0.38995370268821716},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.14842891693115234},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.14712417125701904},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.09280195832252502}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1109/ipdpsw.2010.5470706","is_oa":false,"landing_page_url":"https://doi.org/10.1109/ipdpsw.2010.5470706","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2010 IEEE International Symposium on Parallel & Distributed Processing, Workshops and Phd Forum (IPDPSW)","raw_type":"proceedings-article"},{"id":"pmh:oai:mspace.lib.umanitoba.ca:1993/4033","is_oa":false,"landing_page_url":"http://hdl.handle.net/1993/4033","pdf_url":null,"source":{"id":"https://openalex.org/S4306400554","display_name":"Mspace (University of Manitoba)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I46247651","host_organization_name":"University of Manitoba","host_organization_lineage":["https://openalex.org/I46247651"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"master thesis"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/9","score":0.4399999976158142,"display_name":"Industry, innovation and infrastructure"}],"awards":[],"funders":[{"id":"https://openalex.org/F4320311952","display_name":"University of Manitoba","ror":"https://ror.org/02gfys938"},{"id":"https://openalex.org/F4320320719","display_name":"Department of Science and Technology, Ministry of Science and Technology, India","ror":"https://ror.org/0101xrq71"},{"id":"https://openalex.org/F4320334593","display_name":"Natural Sciences and Engineering Research Council of Canada","ror":"https://ror.org/01h531d29"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":47,"referenced_works":["https://openalex.org/W12045840","https://openalex.org/W329627939","https://openalex.org/W1480459000","https://openalex.org/W1503295912","https://openalex.org/W1576210310","https://openalex.org/W1578340357","https://openalex.org/W1594104973","https://openalex.org/W1813030236","https://openalex.org/W1835176610","https://openalex.org/W1862521358","https://openalex.org/W1874332895","https://openalex.org/W1966725634","https://openalex.org/W1969866376","https://openalex.org/W1980418485","https://openalex.org/W1982039177","https://openalex.org/W1988969082","https://openalex.org/W1993259679","https://openalex.org/W2009555470","https://openalex.org/W2016424869","https://openalex.org/W2028597523","https://openalex.org/W2030640142","https://openalex.org/W2043218896","https://openalex.org/W2058569171","https://openalex.org/W2068928693","https://openalex.org/W2077791698","https://openalex.org/W2081749411","https://openalex.org/W2107133805","https://openalex.org/W2107941094","https://openalex.org/W2118637395","https://openalex.org/W2122427319","https://openalex.org/W2140481494","https://openalex.org/W2140831568","https://openalex.org/W2144681143","https://openalex.org/W2146612430","https://openalex.org/W2150174329","https://openalex.org/W2152195021","https://openalex.org/W2163231910","https://openalex.org/W2165299997","https://openalex.org/W2165913365","https://openalex.org/W2169245194","https://openalex.org/W2212522952","https://openalex.org/W2254782558","https://openalex.org/W2265365871","https://openalex.org/W2402846924","https://openalex.org/W3124436545","https://openalex.org/W3175596131","https://openalex.org/W4231057775"],"related_works":["https://openalex.org/W2051487156","https://openalex.org/W2073681303","https://openalex.org/W2053286651","https://openalex.org/W2181743346","https://openalex.org/W2187401768","https://openalex.org/W2181413294","https://openalex.org/W2989452537","https://openalex.org/W2052122378","https://openalex.org/W3019402777","https://openalex.org/W2544423928"],"abstract_inverted_index":{"Option":[0],"pricing":[1,30,77,101,115,127,130],"is":[2,53,112,123],"one":[3,54],"of":[4,8,38,46,55,132,195],"the":[5,42,47,56,75,121,183,187,193],"challenging":[6],"problems":[7,20,39],"computational":[9],"finance.":[10],"Nature-inspired":[11],"algorithms":[12,60,98,134],"have":[13],"gained":[14],"prominence":[15],"in":[16,23,154,197],"real":[17],"world":[18],"optimization":[19,51],"such":[21],"as":[22,190],"mobile":[24],"ad":[25,43],"hoc":[26,44],"networks.":[27],"The":[28,79,107,129,179],"option":[29,76,100,114,126],"problem":[31],"fits":[32],"very":[33],"well":[34,189],"into":[35],"this":[36,93],"category":[37],"due":[40],"to":[41],"nature":[45],"market.":[48],"Particle":[49,103],"swarm":[50,63],"(PSO)":[52],"novel":[57],"global":[58],"search":[59],"based":[61],"on":[62,168],"intelligence.":[64],"We":[65,147],"first":[66,108],"show":[67,181],"that":[68,182],"PSO":[69,118,152],"could":[70],"be":[71],"effectively":[72],"used":[73],"for":[74,88,99,143],"problem.":[78],"results":[80,131,180],"are":[81,135],"compared":[82,138],"with":[83,139],"standard":[84],"classical":[85,140],"Black-Scholes-Merton":[86,141],"model":[87,142,185],"simple":[89,144],"European":[90,145],"options.":[91,146],"In":[92],"study,":[94],"we":[95,110,191],"developed":[96,111],"two":[97],"using":[102,117,160,165],"Swarm":[104],"Optimization":[105],"(PSO).":[106],"algorithm":[109,116,153],"synchronous":[113,125],"(SPSO),":[119],"and":[120,167,175],"second":[122],"parallel":[124],"algorithm.":[128],"these":[133],"close":[136],"when":[137],"test":[148],"our":[149],"Parallel":[150],"Synchronous":[151],"three":[155],"architectures:":[156],"shared":[157],"memory":[158,163],"machine":[159,164],"OpenMP,":[161],"distributed":[162],"MPI":[166,174],"a":[169],"homogeneous":[170],"multicore":[171],"architecture":[172],"running":[173],"OpenMP":[176],"(hybrid":[177],"model).":[178],"hybrid":[184],"handles":[186],"load":[188],"increase":[192],"number":[194],"particles":[196],"simulation":[198],"while":[199],"maintaining":[200],"equivalent":[201],"accuracy.":[202]},"counts_by_year":[{"year":2025,"cited_by_count":3},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":3},{"year":2018,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":3}],"updated_date":"2026-04-05T17:49:38.594831","created_date":"2025-10-10T00:00:00"}