Option Prices with Uncertain Fundamentals
Author: Alexander David
Publisher:
Published: 1999
Total Pages: 78
ISBN-13:
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Real Options
Author: Martha Amram
Publisher: Oxford University Press on Demand
Published: 1999
Total Pages: 246
ISBN-13: 9780875848457
DOWNLOAD EBOOKUsing real-world examples and clear case studies, the authors provide investors and managers with an innovative method for assessing a company's non-financial assets, allowing them to assess opportunities whose financial rewards are less than certain.
Fundamental Uncertainty
Author: Silva Marzetti Dall'aste Brandolini
Publisher: Springer
Published: 2016-06-16
Total Pages: 369
ISBN-13: 0230305687
DOWNLOAD EBOOKThis volume addresses the subject of uncertainty from the point of view of an extended conception of rationality. In particular, the contributions explore the premises and implications of plausible reasoning when probabilities are non-measurable or unknown, and when the space of possible events is only partially identified.
Fundamental Models in Financial Theory
Author: Doron Peleg
Publisher: MIT Press
Published: 2014-03-27
Total Pages: 493
ISBN-13: 0262026678
DOWNLOAD EBOOKThis book provides an innovative, integrated, and methodical approach to understanding complex financial models, integrating topics usually presented separately into a comprehensive whole. The book brings together financial models and high-level mathematics, reviewing the mathematical background necessary for understanding these models organically and in context. It begins with underlying assumptions and progresses logically through increasingly complex models to operative conclusions. Readers who have mastered the material will gain the tools needed to put theory into practice and incorporate financial models into real-life investment, financial, and business scenarios.
Option Volatility & Pricing: Advanced Trading Strategies and Techniques
Author: Sheldon Natenberg
Publisher: McGraw Hill Professional
Published: 1994-08
Total Pages: 485
ISBN-13: 155738486X
DOWNLOAD EBOOKProvides a thorough discussion of volatility, the most important aspect of options trading. Shows how to identify mispriced options and to construct volatility and "delta neutral" spreads.
Strategic Power Plant Investment Planning Under Fuel and Carbon Price Uncertainty
Author: Ansgar Geiger
Publisher: KIT Scientific Publishing
Published: 2014-08-20
Total Pages: 338
ISBN-13: 3866446330
DOWNLOAD EBOOKThe profitability of power plant investments depends strongly on uncertain fuel and carbon prices. In this doctoral thesis, we combine fundamental electricity market models with stochastic dynamic programming to evaluate power plant investments under uncertainty. The application of interpolation-based stochastic dynamic programming and approximate dynamic programming allows us to consider a greater variety of stochastic fuel and carbon price scenarios compared to other approaches.
Stochastic Methods in Finance
Author: CIME-EMS Summer School
Publisher: Springer Science & Business Media
Published: 2004
Total Pages: 328
ISBN-13: 9783540229537
DOWNLOAD EBOOKThe Complete Guide to Option Strategies
Author: Michael Mullaney
Publisher: John Wiley & Sons
Published: 2009-05-04
Total Pages: 581
ISBN-13: 0470243759
DOWNLOAD EBOOKImportant insights into effective option strategies In The Complete Guide to Option Strategies, top-performing commodity trading advisor Michael Mullaney explains how to successfully employ a variety of option strategies, from the most risky--selling naked puts and calls--to more conservative strategies using covered positions. The author covers everything from options on stocks, exchange-traded funds, stock indexes, and stock index futures to essential information on risk management, option "Greeks," and order placement. The book provides numerous tables and graphs to benefit beginning and experienced traders. Written by a CTA who has successfully employed various options strategies to generate market-beating returns, The Complete Guide to Option Strategies will be an important addition to any trader's library. Michael D. Mullaney (Jacksonville, FL) is a high-ranking commodity trading advisor who specializes in option selling strategies.
Noise Trading, Central Bank Interventions, and the Informational Content of Foreign Currency Options
Author: Christian Pierdzioch
Publisher: Springer Science & Business Media
Published: 2001-12-06
Total Pages: 232
ISBN-13: 9783540427452
DOWNLOAD EBOOKA flexible instrument to insure against adverse exchange rate movements are options on foreign currency. Often a relatively simple foreign currency option valuation model is used to address issues related to the pricing and hedging of such options. The results of many empirical studies document that real-world foreign currency option premia deviate from those predicted by the baseline model. In the first part of the book, it is shown that a noise trader model can help to explain the observed mispricing of the baseline foreign currency option pricing model. In the second part of the book, it is studied how policymakers can exploit the pricing errors of the baseline model. In particular, it is examined how option pricing theory can be applied to assess the effectiveness of central bank interventions in the foreign exchange market. To this end, a model is constructed to analyze the effectiveness of the interventions conducted by the Deutsche Bundesbank during the Louvre period.
Vinzenz Bronzin's Option Pricing Models
Author: Wolfgang Hafner
Publisher: Springer Science & Business Media
Published: 2009-11-18
Total Pages: 553
ISBN-13: 3540857117
DOWNLOAD EBOOKIn 1908, Vinzenz Bronzin, a professor of mathematics at the Accademia di Commercio e Nautica in Trieste, published a booklet in German entitled Theorie der Prämiengeschäfte (Theory of Premium Contracts) which is an old type of option contract. Almost like Bachelier’s now famous dissertation (1900), the work seems to have been forgotten shortly after it was published. However, almost every element of modern option pricing can be found in Bronzin’s book. He derives option prices for an illustrative set of distributions, including the Normal. - This volume includes a reprint of the original German text, a translation, as well as an appreciation of Bronzin's work from various perspectives (economics, history of finance, sociology, economic history) including some details about the professional life and circumstances of the author. The book brings Bronzin's early work to light again and adds an almost forgotten piece of research to the theory of option pricing.
