Bartels, Patrick; Breitner, Michael H. - Institut für Wirtschaftsinformatik, … - 2003
Some current research of derivative pricing is dedicated to artificial neural networks to generate market prices (see Breitner (2000 and 2001)) instead of analytical prices developed by Black, Scholes and Merton (1973) or Cox, Ross and Rubinstein (1979). Needed data are usually taken from...