This paper analyzes the binomial model of stock price movement, and on the basis of martingale theory discusses the pricing of path dependent options.

通过对股票价格变动的二项式模型的分析，以鞅理论为基础，讨论与轨道相关的期权的定价方法。

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This paper summarizes the study on options pricing in view of quantum finance, such as the path integrals approach, the gauge theory of arbitrage, and the quantum model of binomial option pricing.

综述了新兴的量子金融理论在期权定价上的应用，包括量子力学路径积分方法和虚拟套利动态测量理论，以及二项式期权定价的量子模型。

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The problem of pricing exchange options in a jump-diffusion model is considered.

考虑跳扩散模型中交换期权的定价问题。

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Fischer Black, co-originator of the options-pricing model for which Messrs Merton and Scholes were recognised, died a year too soon to join his collaborators on the podium.

ECONOMIST: Nobel prize in economics

The Chicago native earned a finance doctorate at the University of Chicago in the early 1970s, when he worked with advisors like Nobel Prize winner Merton Miller and Fischer Black and Myron Scholes, coauthors of the Black-Scholes options pricing model.

FORBES: Money & Investing