Results 61 to 70 of about 1,527 (148)

Environmental Pollution Liability Insurance Pricing and the Solvency of Insurance Companies in China: Based on the Black-Scholes Model. [PDF]

Int J Environ Res Public Health, 2023
Chen S, Yang J.
europepmc   +1 more source

On the Exact Limiting Distribution of a Volatility Target Index

Mathematical Finance, EarlyView.
ABSTRACT Assuming a lognormal distribution for the underlying risky asset, we study the limiting distribution of a volatility target index as the rebalancing time step approaches zero. Two limit theorems (a strong law of large numbers and a central limit theorem) are established, and as an application, the exact limiting distribution is derived.
Xuan Liu, Michel Gauthier
wiley   +1 more source

Calibration of European option pricing model using a hybrid structure based on the optimized artificial neural network and Black-Scholes model [PDF]

Mathematics and Modeling in Finance
‎This study suggests a novel approach for calibrating European option pricing model by a hybrid model based on the optimized artificial neural network and Black-Scholes model‎.
Farshid Mehrdoust, Maryam Noorani
doaj   +1 more source

Why Have CEO Pay Levels Become Less Diverse?

The Journal of Finance, Volume 81, Issue 4, Page 1893-1950, August 2026.
ABSTRACT This paper documents a new stylized fact: the cross‐sectional variation in CEO pay levels has declined precipitously in recent years. We offer one explanation for this decline, namely, firms are increasingly benchmarking CEO compensation to industry peers closest in size, thereby creating pay clusters.
TORSTEN JOCHEM, GAIZKA ORMAZABAL, ANJANA RAJAMANI   +2 more
wiley   +1 more source

The Debt‐Equity Spread

The Journal of Finance, Volume 81, Issue 4, Page 2005-2062, August 2026.
ABSTRACT We propose a measure of the valuation gap between debt and equity—debt‐equity spread (DES)—based on the difference between actual and equity‐implied credit spreads. DES predicts cross‐sectional stock and bond returns in opposite directions.
HUI CHEN, ZHIYAO CHEN, JUN LI
wiley   +1 more source

Time Integrals Under the Black–Scholes–Merton and Margrabe Economies

Journal of Futures Markets, Volume 46, Issue 7, Page 1256-1274, July 2026.
ABSTRACT The problem of integrating the Black, Scholes, and Merton (BSM) formula with respect to the time variable is paramount for an economist. Inspired by the real options literature, Shackleton and Wojakowski offer analytic formulae for valuing finite maturity (profit) caps and floors that are contingent on continuous flows following a lognormal ...
José Carlos Dias, Mark B. Shackleton, Fernando Correia da Silva, Rafał M. Wojakowski   +3 more
wiley   +1 more source

Revising the Magnitude and Trends of the Global Methane Soil Sink With Process‐Based, Machine‐Learning, and Atmospheric Inversion Modeling Approaches

Journal of Geophysical Research: Biogeosciences, Volume 131, Issue 7, July 2026.
Abstract Methane (CH4) oxidation by microbes is the largest biological sink of global methane, yet its magnitude and long‐term variability remain uncertain. Here, we combined process‐based (PB), machine‐learning (ML), and atmospheric inversion approaches to evaluate the global methane soil sinks and its implication for the atmospheric CH4 budget in ...
Youmi Oh, Licheng Liu, Jaehyun Lee, Lori Bruhwiler, Xin Lan, Sylvia Michel, Sourish Basu, John B. Miller, Qing Zhu, Sparkle Malone, Gavin McNicol, Qianlai Zhuang   +11 more
wiley   +1 more source

Liquid jet capabilities for ultrafast chemistry at the SwissFEL Alvra instrument

Journal of Synchrotron Radiation, Volume 33, Issue 4, Page 1219-1235, July 2026.
The technical aspects of the Alvra endstation are outlined and its scientific capabilities are demonstrated with commissioning results obtained during the early years of SwissFEL's operation.The Alvra experimental station at the Swiss X‐ray free‐electron laser, SwissFEL, investigates ultrafast dynamics in chemical and biological systems using X‐ray ...
Claudio Cirelli, Emma Victoria Beale, Florian Dworkowski, Victoria Kabanova, Sven Augustin, Gregor Knopp, Chris Milne, Christoph Bostedt, Philip J. M. Johnson, Camila Bacellar   +9 more
wiley   +1 more source

Convergence Numerically of Trinomial Modelin European Option Pricing

International Research Journal of Business Studies, 2014
A European option is a financial contract which gives its holder a right (but not an obligation) to buy or sell an underlying asset from writer at the time of expiry for a pre-determined price.
Entit Puspita, Fitriani Agustina, Ririn Sispiyati   +2 more
doaj  

Penentuan Nilai Opsi Call Eropa Dengan Pembayaran Dividen

Sainsmat, 2016
Fluktuasi harga saham menyebabkan perdagangan saham memiliki resiko. Opsi merupakan alternatif untuk mengurangi resiko dalam perdagangan saham. Opsi Eropa adalah suatu kontrak keuangan yang memberikan hak, bukan kewajiban, kepada holder, untuk membeli ...
Diana Purwandari
doaj   +1 more source