Results 21 to 30 of about 67,195,749 (118)
Equilibrium Pricing Bounds on Option Prices [PDF]
We consider the problem of valuing European options in a complete market but with incomplete data. Typically, when the underlying asset dynamics is not specified, the martingale probability measure is unknown. Given a consensus on the actual distribution
Elyès Jouini, Marie Chazal
core
The British Asian Option [PDF]
Following the economic rationale of [7] and [8] we present a new class of Asian options where the holder enjoys the early exercise feature of American options whereupon his payoff (deliverable immediately) is the ‘best prediction’ of the European payoff ...
Kristoffer Glover +2 more
core
The British Russian Option [PDF]
Following the economic rationale of [10] and [11] we present a new class of lookback options (by first studying the canonical 'Russian' variant) where the holder enjoys the early exercise feature of American options where upon his payoff (deliverable ...
Kristoffer Glover +2 more
core
Review of the Payment Services Directive: The question of surcharges. ECRI Policy Brief No. 5, 19 October 2011 [PDF]
, 2011 The Payment Services Directive was intended to provide more price transparency for users and a level playing field for efficient competition among different payment services by decreasing the inhibiting effects of different legislation, cross ...
Pyykkö, Elina
core
(Not)Hanging on the Telephone: Payment systems in the New Sweatshops [PDF]
'The ultimate objective of empirical work on incentives should be to find out why firms use the compensation systems they doàhuge advances in our understanding could be made by a concerted effort to collect data on contracts.' So concludes the 1998 ...
Sue Fernie, David Metcalf
core
A Fuzzy Pay-off Method for Real Option Valuation [PDF]
Real Options analysis offers interesting insights on the value of assets and on the profitability of investments, which has made real options a growing field of academic research and practical application.
József, Mezei +2 more
core
American Call Options on Jump-Diffusion Processes: A Fourier Transform Approach [PDF]
This paper considers the Fourier transform approach to derive the implicit integral equation for the price of an American call option in the case where the underlying asset follows a jump-diffusion process.
Andrew Ziogas, Carl Chiarella
core
A Study on the Efficiency of the Market for Dutch Long Term Call Options [PDF]
We investigate the efficiency of the market for 5 year call options which are traded on the European Options Exchange in Amsterdam.We study both delta, delta-vega, and delta-gamma neutral arbitrage portfolios.We do not detect any serious inefficiencies ...
Roon, F.A. de, Wei, J., Veld, C.H.
core
Bivariate Normal Mixture Spread Option Valuation [PDF]
This paper explores the properties of a European spread option valuation method for correlated assets when the marginal distribution each asset return is assumed to be a mixture of normal distributions.
Carol Alexandra, Andrew Scourse
core
One step closer to harmonised European payment systems. ECRI Policy Briefs No. 1, 8 June 2007 [PDF]
, 2007 Two years of intensive negotiations have ended with the adoption of the Payment Services Directive by the European Parliament in the first reading, and the proposed legislation is due to be adopted shortly by the EU Council.
Rothemund, Marc. +2 more
core