Practitioner's Research: A Study in Changing Preservice Teachers’ Conceptions About Mathematics and Mathematics Teaching and Learning

Educators involved in the current reform movement in mathematics education recommend that students be actively involved in constructing their own knowledge and developing powerful mathematical concepts. This study suggests how ideas based on constructivist learning theory can be put into practice in a preservice mathematics education class.     

A closed-form representation of mixed-integer program value functions

We identify a class of formulas computable in polynomial time such that the functions defined by these formulas are precisely the value functions of mixed-integer programs with rational constraint coefficients.     

Convexity Bias in the Pricing of Eurodollar Swaps

The traditional use of LIBOR futures prices to obtain surrogates for the Eurodollar forward rates is proved to yield a systematic bias in the pricing of Eurodollar swaps when one assumes that the yield curve is well described by the Heath-Jarrow-Morton model. The resulting theoretical inequality is consistent with the empirical observations of Burghardt and Hoskins (1995), and it provide a theoretical basis for price anomalies that are suggested by more recent empirical data.