In this paper the performance of locally risk-minimizing hedge strategies for European options in stochastic volatility …

hedging. We use martingale arguments to provide upper and lower bounds, in terms of bounds on the correlation, for the value V …

CO2 option pricing model comparison. Theoption pricing method can be used for hedging purposes and for pricing CO2 …

We develop a continuous-time real options pricing model to study managers’incentives to cheat in the presence of equity …’s main result is that managers havegreater incentives to misreport with stock options than with common stocks.We finally …

volatility: the effct is negative for low levels of uncertainty and positive for higher levels. I also construct a real-options … predictions and the theoretical approach stand in stark contrast to the real-options literature, which implies a negative relation … the influence of exchange rate volatility on the expected investment level. The paper therefore extends the real-options …

with one stock, one bond and a family of European call options for one fixed maturity and all strikes. After arguing that …

This paper develops a real options framework to analyze the behavior of stock returns in mergers and acquisitions. In …