call or put options using a log Student’s t-distribution, which we call a Gosset approach in honour of W.S. Gosset, the …The distributions of returns for stocks are not well described by a normal probability density function (pdf). Student’s … t-distributions, which have fat tails, are known to fit the distributions of the returns. We present pricing of European …

Student’s t-distributions are widely used in financial studies as heavy-tailed alternatives to normal distributions. As … these distributions are not closed under convolution, there exist no Lévy processes with Student’s t-marginals at all points … in time. In this article we show that a Student’s t-approximation of these marginals is still suitable, while not exact …

the 1987 stock market crash the performance of this distribution is compared to the Student’s t concluding that the latter …

for the multivariate Edgeworth-Sargan density and compare its performance to the multivariate Student’s t. The comparison …

-sample distributions of the Student’s t-statistic. Copyright Physica-Verlag 2003 …

sahiptir. Bu etki Student’s-t dağılımı varsayımı altında daha ayırt edici olmaktadır. ABD doları cinsinden faiz oranlarının …