Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10003831639
The reversibility phenomenon in the repeat-sales index (RSI) is a serious obstacle for derivatives products. This article provides a solution for this problem, using an informational reformulation of the RSI framework. A theoretical formula (simple, easy to interpret, and easy to handle) is...
Persistent link: https://www.econbiz.de/10014211719