The Influence of Heterogeneous Preferences on Asset Prices in an Incomplete Market Model

In this paper, we examine an exchange economy with a financial market composed of three assets: a share of a stock, an European call option written on the stock, and a riskless bond.

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Year of publication:	2001-02-01
Authors:	Niehaus, Frank
Institutions:	Universität <Hannover> / Fachbereich Wirtschaftswissenschaften
Subject:	Option \| Unvollkommener Markt \| Incomplete markets \| Bewertung

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Extent:	289792 bytes 21 p. application/pdf
Series:	Universität Hannover - Fachbereich Wirtschaftswissenschaften - Publikationen Diskussionspapier ; 234 (2001)
Type of publication:	Book / Working Paper
Language:	English
Classification:	C60 - Mathematical Methods and Programming. General ; D52 - Incomplete Markets ; G12 - Asset Pricing ; Corporate finance and investment policy. Other aspects ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005840945