Add to ORKGWe explain some key mathematical ideas behind the no-arbitrage pricing of financial derivatives by replication, starting from a simple coin toss model and ending with the continuous-time limit of a multi-step coin-toss model using a geometric random walk model. In the limit, we obtain the classical Black-Scholes-Merton formula for pricing European call and put options
The term Financial Derivative is a very broad term which has come to mean any financial transaction ...
The financial world is a world of random things and unpredictable events. Along with the innovative ...
This paper deals with the assessment of options on dividend paying stock and futures options. We sta...
We explain some key mathematical ideas behind the no-arbitrage pricing of financial derivatives by r...
The binomial asset-pricing model is used to price financial derivative securities. This text will be...
Stock Options are financial instruments whose values depend upon future price movements of the under...
Problem statement: Over centuries traders have seek ways to avoid risks, to take opportunity in mark...
This research article provides criticism and arguments why the canonical framework for derivatives p...
textabstractSince the Nobel-prize winning papers of Black and Scholes and Merton in 1973, the deriv...
This paper aims to derive and solve the Black-Scholes partial differential equation (PDE) used to pr...
Abstract After an overview of important developments of option pricing theory, this article describe...
Option valuation models are usually based on frictionless markets. This paper extends and complement...
In the past twenty years, derivative finance has amazingly increased to become a core business in ma...
Financial markets often employ the use of securities, which are defined to be any kind of tradable f...
This dissertation comprises four essays on the topic of derivatives pricing in incomplete markets, a...
The term Financial Derivative is a very broad term which has come to mean any financial transaction ...
The financial world is a world of random things and unpredictable events. Along with the innovative ...
This paper deals with the assessment of options on dividend paying stock and futures options. We sta...
We explain some key mathematical ideas behind the no-arbitrage pricing of financial derivatives by r...
The binomial asset-pricing model is used to price financial derivative securities. This text will be...
Stock Options are financial instruments whose values depend upon future price movements of the under...
Problem statement: Over centuries traders have seek ways to avoid risks, to take opportunity in mark...
This research article provides criticism and arguments why the canonical framework for derivatives p...
textabstractSince the Nobel-prize winning papers of Black and Scholes and Merton in 1973, the deriv...
This paper aims to derive and solve the Black-Scholes partial differential equation (PDE) used to pr...
Abstract After an overview of important developments of option pricing theory, this article describe...
Option valuation models are usually based on frictionless markets. This paper extends and complement...
In the past twenty years, derivative finance has amazingly increased to become a core business in ma...
Financial markets often employ the use of securities, which are defined to be any kind of tradable f...
This dissertation comprises four essays on the topic of derivatives pricing in incomplete markets, a...
The term Financial Derivative is a very broad term which has come to mean any financial transaction ...
The financial world is a world of random things and unpredictable events. Along with the innovative ...
This paper deals with the assessment of options on dividend paying stock and futures options. We sta...