Introducing Fuzziness in CDS Pricing under a Structural Model
OTC credit derivatives are nonstandardized financial derivatives which have the following characteristics. (1) Information on trades is not public. (2) There is no performance guarantee from the stock exchange. (3) The bigger the risk in performance, the bigger the price floating. These result in an...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Hindawi Limited
2018-01-01
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| Series: | Mathematical Problems in Engineering |
| Online Access: | http://dx.doi.org/10.1155/2018/6363474 |