Stochastic Dominance Option Pricing An Alternative Approach to Option Market Research /

• Κύριος συγγραφέας: Perrakis, Stylianos (Συγγραφέας, http://id.loc.gov/vocabulary/relators/aut)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2019.
• Έκδοση: 1st ed. 2019.
• Θέματα: Capital investments.; Macroeconomics.; Investment Appraisal.; Macroeconomics/Monetary Economics//Financial Economics.

This book illustrates the application of the economic concept of stochastic dominance to option markets and presents an alternative option pricing paradigm to the prevailing no arbitrage simultaneous equilibrium in the frictionless underlying and option markets. This new methodology was developed pr...

Πίνακας περιεχομένων:

• 1 Stochastic Dominance: Introduction
• 2 Stochastic Dominance Option Pricing I: The Frictionless Case
• 3 Proportional Transaction Costs: An Introduction
• 4 Stochastic Dominance Option Pricing II: Option Bounds Under Transaction Costs
• 5 Stochastic Dominance Option Pricing: Empirical Applications
• 6 Stochastic Dominance and Further Theoretical and Empirical Option Research
• 7 Conclusions.