منابع مشابه
INSURANCE VALUE OF INTERNATIONAL RESERVES An Option Pricing Approach
A quantitative framework is developed to bring forward the insurance motive for holding international reserves. The insurance value of reserves is quantified as the market price of an equivalent option that provides the same insurance coverage as the reserves. This quantitative framework is applied to calculating the cost of a regional insurance arrangement (e.g. an Asian Monetary Fund) and to ...
متن کاملPricing Unemployment Insurance in Iran
Abstract Employees always concern about losing their job, or in other word, losing their income resources. For this purpose, governments require strong protection system for covering these concerns. The Unemployment Insurance (UI) program’s can be used for achieving this goal. Based on article five of Iranian unemployment Insurance law, premium is four percent of employee’s salary while emplo...
متن کاملMeshfree Methods in Option Pricing Meshfree Methods in Option Pricing
A meshfree approximation scheme based on the radial basis function methods is presented for the numerical solution of the options pricing model. This thesis deals with the valuation of the European, Barrier, Asian, American options of a single asset and American options of multi assets. The option prices are modeled by the Black-Scholes equation. The θ-method is used to discretize the equation ...
متن کاملoption pricing models
this paper is a translation of a chapter of the hook written by jonathan e. ingersoll jr. the farsi translation will he of great help to iranian students studying option pricing models.
متن کاملFinancial option insurance
The option is a financial derivative, which is regularly employed in reducing the risk of its underlying securities. However, investing in options is still risky. Such risk becomes much more severe for speculators who utilize options as a means of leverage to increase their potential returns. In order to mitigate risk on their positions, the rudimentary concept of financial option insurance is ...
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ژورنال
عنوان ژورنال: Scandinavian Actuarial Journal
سال: 2007
ISSN: 0346-1238,1651-2030
DOI: 10.1080/03461230601088213