This paper is dedicated to study the discrete time compound binomial dual risk model, where the income is time …. Under this time-correlated scenario, the relationship between the dual model and the classical risk model is studied and …

the study is to investigate empirically the implied risk aversion for a representative agent in the option market, as a … model using historical price returns. The implied risk aversion is found by numerically inverting the indifference pricing … explains the stylized facts of returns rather well, we expect the implied risk aversion to be close to flat with respect to …

capital markets financing. However, these theories are inaccurate and can adversely affect risk management and portfolio …