Park, Sang-Hyeon; Kim, Jeong-Hoon - In: Statistics & Probability Letters 83 (2013) 11, pp. 2537-2543
In general, the pricing problems of exotic options in finance do not have analytic solutions under stochastic volatility and so it is hard to compute the option prices or at least it requires much of time to compute them. This paper investigates a semi-analytic pricing method for lookback...