Option pricing in incomplete markets
The seminal paper of Black and Scholes (1973) led to the explosive growth of option pricing and hedging theory. However, the assumptions of the Black-Scholes model contradict reality. In the past three decades, a large volume ofresearch has been conducted on the problem of pricing and hedging contin...
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University of Warwick
2007
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.491472 |