如果资产价格能反映经济的基本元素，那为何不根据基本元素制造模型，忽略它们笼罩在华尔街上的阴影呢？
If asset prices reflect economic fundamentals, why not just model the fundamentals, ignoring the shadow they cast on Wall Street?
金融市场的动荡也许会加深痛苦，这是由于当价格急剧下跌时，卷商及对冲基金所使用的模型会导致他们售出资产。
The volatility of financial markets may intensify the pain, since both brokers and hedge funds use models which lead them to sell assets when prices move down sharply.
本文通过对服从有限马尔可夫链的标的资产价格波动率进行分析，得出了在未来时刻波动的预测模型，并给出了相应的期权定价方法。
By analyzing asset price vibration rate following limited Markov chain, prediction model of future time vibration rate and related pricing method of stock option are made.
本文研究标的资产价格过程服从跳扩散模型时美式期权价格及其最佳实施边界当到期日趋于无穷大时的渐近分析。
The intent of this paper is to discuss the critical property of price and optimal exercise boundary of American option when the expiry date runs to infinite in a jump-diffusion model.
本文在风险资产价格和总产出空间内，建立了无风险资产和风险资产、信贷和商品市场的联立均衡模型。
Within the interspace of risky asset price and output, we describe simultaneous equilibrium in money and risky asset markets, and credit and goods markets.
假设波动率是随机的，且资产价格服从l evy过程，即在前述模型基础上作了进一步推广。
The other is that the volatility is assumed to be stochastic and the price of the underlying asset is a levy process, namely we can further promote the model on the basis of the first one.
本文运用期权的风险中性定价理论，通过分析资产价格过程的性质，建立了双敲出期权的数学模型。
This paper is based on the theory of the risk neutral. By analyzing the property of matingale of the option price, we construct the model of the double barriers option.
无成本假说是资本资产定价模型（CAPM）“资产均衡价格与投资者偏好无关结论”的根本原因。
The No-cost Hypothesis is the fundamental cause for "Asset equilibrium price has nothing to do with the investor's preference" in Capital Asset Prices Model (CAPM).
随着步骤的增加，二项式法对于资产价格变动的近似结果就越接近布莱克·斯科尔斯模型的答案。
As the number of time steps is increased, the Binomial approximation to the underlying price movements becomes closer to the Black Scholes answer.
股票价格的频繁波动是股票市场最明显的特征之一，自回归条件异方差类模型可以很好地预测金融资产收益率的方差。
Frequent volatility is a feature of stock market. Autoregressive Conditional Heteroscedasticity (ARCH) model is often used to forecast the variance of the benefit of financial capitals.
基于资本资产定价模型构建了负利率与房地产价格关系模型，实证结果支持了负利率对房地产价格所产生的扩张效应。
Based on the CAPM, a model is build to reflect the expansion effect of negative interest rates to prices of the real estate industry, which is proved to be true in the theoretical analysis.
当支付流既依赖于基础资产价格又受外界干预时，资产的定价问题通常用状态转换模型来刻画。
If a payoff stream depends on both a fundamental and possible interventions of an authority, the asset pricing problem is usually characterized by regime switching models.
本文在风险资产价格和总产出空间内，建立了无风险资产和风险资产、信贷和商品市场的联立均衡模型。
Within the interspaces of risky asset price and output, we describe simultaneous equilibrium in money and risky asset markets, and credit and goods markets.
在第二个模型中是在标的资产价格遵循对数正态过程假设下，把资产价格对数收益过程逼近方法扩展到多资产期权定价上。
On the hypothesis of the underlying asset price following Lognormal Process in the two model, we can extend the way of asset price Logprofit Process 'approach to multi-asset options pricing.
在第二个模型中是在标的资产价格遵循对数正态过程假设下，把资产价格对数收益过程逼近方法扩展到多资产期权定价上。
On the hypothesis of the underlying asset price following Lognormal Process in the two model, we can extend the way of asset price Logprofit Process 'approach to multi-asset options pricing.
应用推荐