's risk-neutral density (RND) over the underlying price at expiration. The RND contains investors' beliefs about the true … probabilities blended with their risk preferences, both of which are of great interest to academics and practitioners alike. With a … risk premia from observed RNDs. I briefly discuss areas of active current research including the pricing kernel puzzle and …

-nonparametric methods, our approach can be applied to small datasets. To illustrate our methodology, we apply it to finding risk …

Grundlagen der Optionspreistheorie -- Extrahierung der risikoneutralen Wahrscheinlichkeitsdichtefunktion …