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2019, Communications in Nonlinear Science and Numerical SimulationCitation Excerpt :Let us consider a fair coin having two sides, ‘0’ and ‘1’, with identical probabilities. NP have been applied mainly in physics [51–56], but remained almost untouched in other scientific areas. Nevertheless, we can mention the works of Haug [57], that applied the notion of NP in mathematical finance, Tijms and Staats [58], that used NP in the scope of waiting-time probabilities, and Burgin and Meissner [59], that considered NP in the description of financial option pricing.
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