Essays about: "contingent claims"
Showing result 16 - 20 of 20 essays containing the words contingent claims.
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16. The Potential Catalytic Role of Green Entrepreneurship – Technological Eco–Innovations and Ecopreneurs’ Acts – in the Structural Transformation to a Low–Carbon or Green Economy: A Foucauldian Discursive Approach
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : Green entrepreneurship – technological eco–innovations and ecopreneurs’ acts – has recently received much attention from European policymakers as one promising response to the challenges of sustainable economic development due to its potential to catalyze and build a low–carbon or green economy. This topical relationship between green entrepreneurship and sustainable economy has also gained increasing interest among scholars. READ MORE
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17. Game contingent claims
University essay from KTH/Matematisk statistikAbstract : 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
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18. Risk Arbitrage in the Swedish Market – Evaluation with Contingent Claims
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : The thesis analyses a risk arbitrage portfolio in Swedish equities over 2611 trading days (132 months), to evaluate the ability of a risk arbitrage strategy to generate excess returns, alpha, in the Swedish market. It is found that risk arbitrage generates a significant alpha of 120 basis points per month, in a linear model and assuming CAPM holds. READ MORE
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19. Pricing and Hedging of Defaultable Models
University essay from Tillämpad matematik och fysik (MPE-lab)Abstract : Modelling defaultable contingent claims has attracted a lot of interest in recent years, motivated in particular by the Late-2000s Financial Crisis. In several papers various approaches on the subject have been made. This thesis tries to summarize these results and derive explicit formulas for the prices of financial derivatives with credit risk. READ MORE
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20. A Complementary Developmental View on Morally Arbitrary Contingencies in Rawls’s Theory of Justice
University essay from Institutionen för religion och kulturAbstract : The paper explores theoretical shortcomings in the egalitarian theory by John Rawls and provides a complementary view on the problem of morally arbitrary contingencies. The conception of natural lottery, which Rawls presents to signify the starting range of morally arbitrary inequalities, falls short in philosophical grounding. READ MORE
