Options Markets presents an authoritative collection of the most important articles and papers on derivatives published during the last 35 years. These three volumes offer a unique and convenient resource for the reader to review the most important research at the frontier of this rapidly expanding area of financial economics. Topics include the theory, pricing and empirical evidence on equity derivatives, fixed-income derivatives, exotics, real options, numerical methods and risk management. As a comprehensive and integrated collection of articles, Options Markets is an invaluable companion to intermediate and advanced textbooks on derivatives. The historical perspective provided in this collection and the distinctiveness of its articles will appeal to both the applied and the theoretical researcher seeking fresh insights into derivatives.178 F. Black, Pricing of commodity contracts Eq. (16) applies to a a#39;Europeana#39; commodity option, that can only be exercised ... complex.11 Among other things, its value will depend on the spot price and on futures prices with various transaction dates ... (18) The solution to (17) and (18) plus the implicit boundary conditions is v(x, t) = (x-c)cAl, -a#39;a#39;\ (19) Expression (19) says that ... Chicago Board of Trade, 1973, Commodity trading manual (Board of Trade of the City of Chicago, Chicago, 111.)anbsp;...
|Title||:||Options Markets: Interest-rate derivatives, exotics, real options, and empirical evidence|
|Author||:||George M. Constantinides, A. G. Malliaris|