不能妥协
发表于 2025-3-26 21:38:42
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撤退
发表于 2025-3-27 02:56:52
Default Risk and Hazard Process,tioners and academics in recent years; to mention a few papers in this vein: Duffie , Duffie and Lando , Duffie et al. , Jarrow and Turnbull , Jarrow et al. , Jarrow and Yu , Lando , Madan and Unal . In the context of financial modelling, there was also a renewed intere
Sciatica
发表于 2025-3-27 07:54:19
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LIMN
发表于 2025-3-27 13:05:49
Pricing Credit Derivatives in Credit Classes Frameworks,ous credit classes and associated transition matrix may thus be constructed within many different frameworks. For illustration, the KMV Corporation provides a transition matrix within a structural approach . Black-Sholes-Merton (Crouhy-Galai-Mark ). Independentely from the underlying framework, a
影响深远
发表于 2025-3-27 15:56:10
An Autoregressive Conditional Binomial Option Pricing Model, trading rule implies that rebalancing occurs at random times and that the Black and Scholes model which relies on the assumption of continuous rebalancing is no longer appropriate. Although this continuity assumption is clearly unrealistic for transaction cost reasons, because prices are quoted
改革运动
发表于 2025-3-27 18:48:09
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overbearing
发表于 2025-3-27 22:04:02
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obtuse
发表于 2025-3-28 03:42:02
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languid
发表于 2025-3-28 07:35:54
Future Possibilities in Finance Theory and Finance Practice,lier also develops the method of images (or reflection) to solve for a probability function of a diffusion process with an absorbing barrier. All this in his thesis five years before the publication of Einstein’s mathematical theory of Brownian motion.
神秘
发表于 2025-3-28 13:33:44
Brownian Motion and the General Diffusion: Scale & Clock,chelier had the idea first, way before its general recognition as the best way of thinking about motion subject to chance. I do not give financial applications, but see for instance Geman & Yor and Donati-Martin, Matsumoto, & Yor .