Generalized Random Walks, Their Trees, and the Transformation Method of Option Pricing
The random walk is a powerful model. Chemistry, Physics, and Finance are just a few of the disciplines that model with the random walk. It is clear from its varied uses that despite its simplicity, the simple random walk it very flexible. There is one major drawback, however, to the simple random wa...
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| Format: | Others |
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BYU ScholarsArchive
2008
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| Online Access: | https://scholarsarchive.byu.edu/etd/1637 https://scholarsarchive.byu.edu/cgi/viewcontent.cgi?article=2636&context=etd |