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European Option Based on Least-Squares Method under Non-Extensive Statistical Mechanics

This paper is devoted to the study of the pricing of European options under a non-Gaussian model. This model follows a non-extensive statistical mechanics which can better describe the fractal characteristics of price movement in the financial market. Moreover, we present a simple but precise least-...

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Pubblicato in:Entropy (Basel)
Autori principali: Liu, Limin, Cui, Yingying
Natura: Artigo
Lingua:Inglês
Pubblicazione: MDPI 2019
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Accesso online:https://ncbi.nlm.nih.gov/pmc/articles/PMC7514264/
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.3390/e21100933
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