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.
应用推荐