haku: @author Merton, R. / yhteensä: 2
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Tekijä: | Merton, R. |
Otsikko: | Applications of option-pricing theory: twenty-five years later |
Lehti: | American Economic Review
1998 : JUN, VOL. 88:3, p. 323-349 |
Asiasana: | PRICES ECONOMICS THEORIES |
Kieli: | eng |
Tiivistelmä: | The news from Stockholm that the prize in economic sciences had been given fro option-pricing theory provided unique and signal recognition to the rapidly advancing but still relatively new, discipline within economics which relates mathematical finance theory and finance practice. The special sphere of finance within economics is the study of allocation and deployment of economic resources, both spatially and across time, in an uncertain environment. |
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