Essays about: "Arbitrage Pricing"

Showing result 21 - 25 of 39 essays containing the words Arbitrage Pricing.

  1. 21. Financial innovation in the public real estate market : How to exploit arbitrage opportunities in public real estate pricing due to investment approach differences between the real estate market and the capital market

    University essay from KTH/Industriell ekonomi och organisation (Inst.)

    Author : Jacob Gejler; [2013]
    Keywords : Financial Innovation; Public Real Estate; Securitization; Asset Backed Securities;

    Abstract : As the stock market is volatile and often short-term, there is a high demand for safe investments outside the stock market and institutional investors like pension funds, insurance companies and asset managers are increasingly searching for low-risk investments that can deliver safe returns.   Alternative investments, like real estate, are a popular way to invest institutional capital. READ MORE

  3. 22. Valuation of Financial Derivatives in Discrete-Time Models

    University essay from Lunds universitet/Matematisk statistik

    Author : Henrik Jönsson; [2013]
    Keywords : Mathematics and Statistics;

    Abstract : The core subject of financial mathematics concerns the issue of pricing financial assets such as complex financial derivatives. The pricing technique is pervaded by the concept of arbitrage: mis-pricing will be spotted and exploited, resulting in a risk free return for any arbitrageur. READ MORE

  4. 23. The Effect of Congestion Charge and Fuel Arbitrage on Air Quality in Stockholm

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Yan Chen; [2013]
    Keywords : Air quality; Congestion charge; Green cars; Fuel sales; Stockholm;

    Abstract : In August 2007, the congestion charge is launched in Stockholm after a seven-month trial period in 2006. This paper applies empirical methods to estimate the effects of the implementation of congestion charge on the air quality in Stockholm. I find that the trial and permanent congestion tax have reduced the emissions of major air pollutants. READ MORE

  5. 24. Game contingent claims

    University essay from KTH/Matematisk statistik

    Author : Daniel Eliasson; [2012]
    Keywords : Game contingent claims; game options; Israeli options; Dynkin games; zero-sum games; non-zero-sum games; Monte-Carlo simulation; pricing;

    Abstract : Abstract Game contingent claims (GCCs), as introduced by Kifer (2000), are a generalization of American contingent claims where the writer has the opportunity to terminate the contract, and must then pay the intrinsic option value plus a penalty. In complete markets, GCCs are priced using no-arbitrage arguments as the value of a zero-sum stochastic game of the type described in Dynkin (1969). READ MORE

  6. 25. Efficiency in the Nord Pool Electricity Exchange

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Ola Skånberg; [2012]
    Keywords : Stationarity; Efficient market hypothesis; Arbitrage; Business and Economics;

    Abstract : In recent years criticism of the electricity market has been emerging. Some claim that for Sweden, the deregulation of the power market in 1996 (and consequently Sweden’s involvement in Nord Pool) has been a driving factor of rising electricity prices and a non-efficient market for electricity. READ MORE