This paper presents a mathematical model for contingent claim pricing in a preannounced policy. There are some properties in the model. First, one can distinguish the preannouncement effects on the mean and volatility of asset returns. Second, the European call option pricing solution in the...

In reinforcement learning, an agent interacts with its environment to act according to a policy in accordance with the observation state; these are executed based on a class of neural networks. In the interaction between states and actions, the series of decision sequences are often described...