.Daraus ergibt sich der eigentliche `trade-off`; es entscheiden sich 85 % der Betroffenenfür eine Geldleistung, obwohl diese Leistung …

economic significance of EUA price adjustments to news by calculating the profits of two market participants who trade on …Die vorliegende Dissertation befasst sich mit der hochfrequenten Preisbildung im Europäischen Emissionshandelssystem …

methodology, in the model presented in the first section. Weappeal to the indifference pricing framework instead of the classic … change-of-numeraire theorem inincomplete markets via indifference pricing. Lastly, in the third essay, we propose a methodto … for pricing such CDOs. The high illiquidity of the CDOmarket coupled with the allowance of default in the underlying …

The purpose of this work is to empirically assess the validity of the Capital Asset Pricing Model (CAPM) in terms of …