A post Keynesian analysis of the Black-Scholes option pricing model.
The writers present a Post Keynesian analysis of the Black-Scholes option pricing model (BSOPM). They outline the basic theory of option pricing and reproduce the BSOPM formulation. In addition, they subject the BSOPM to empirical simulation, drawing on relationships that have been proven to have...
| Publicado en: | Journal of Post Keynesian Economics Vol. 22; no. 2; pp. 247 - 264 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
M.E. Sharpe Inc.
Winter 1999/2000
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=511144409&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 511144409 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 01603477 PKE jtl: Journal of Post Keynesian Economics issn: 01603477 maglogo: N pubinfo: dt: Winter 1999/2000 vid: 22 iid: 2 pid: 247 pub: M.E. Sharpe Inc. artinfo: ui: 511144409 ppf: 247 ppct: 17 formats: fmt: @attributes: type: T tig: atl: A post Keynesian analysis of the Black-Scholes option pricing model. aug: au: Thompson, James R. Williams, Edward E. su: Keynesian economics Option (Contract) Mathematical models in business sug: subj: Keynesian economics Option (Contract) Mathematical models in business ab: The writers present a Post Keynesian analysis of the Black-Scholes option pricing model (BSOPM). They outline the basic theory of option pricing and reproduce the BSOPM formulation. In addition, they subject the BSOPM to empirical simulation, drawing on relationships that have been proven to have historical validity. Furthermore, they present some conclusions concerning the lack of application of the BSOPM model, despite its almost universal acceptance by neoclassical economists and very supposedly knowledgeable practitioners. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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