examine these results through a knowledge calibration mechanism. We present suggestive evidence that the effect of subjective …

volatility smile for pure jump exponential additive processes. An excellent calibration of the equity volatility surfaces has …

sets? This calibration has crucial impact on QCA results. Hence, reliability of calibration is a decisive factor in a study …'s overall quality and credibility. I develop "anchored calibration" as an approach that addresses important gaps in prior … approaches and helps enhancing calibration reliability. Anchored calibration involves three steps: conceptualizing conditions and …