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On pricing derivatives in the presence of auxiliary state variables

Authors :
Lin, Junze
Ritchken, Peter
Source :
Journal of Derivatives. Winter, 2006, Vol. 14 Issue 2, p29, 18 p.
Publication Year :
2006

Abstract

This article investigates the pricing of options when a need arises to carry a path-dependent auxiliary state variable. Examples of such problems include the pricing of interest rate claims in [...]

Details

Language :
English
ISSN :
10741240
Volume :
14
Issue :
2
Database :
Gale General OneFile
Journal :
Journal of Derivatives
Publication Type :
Academic Journal
Accession number :
edsgcl.156134642