Polynomial-Normal extension of Black-Scholes model
Black-Scholes Model is a widely used mathematical model for stock price behaviors, of which the return is assumed to be normally distributed. But this 'normally distributed' assumption is doubted and proved to be not true by realistric data. The main goal of this thesis is to explore polyn...
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| Format: | Others |
| Language: | en |
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2009
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| Online Access: | http://hdl.handle.net/10048/688 |