Managing Option Fragility
收藏NBER2002-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w9059
下载链接
链接失效反馈官方服务：
资源简介：
We analyze and explore option fragility, the notion that option incentives are fragile due to their non-linear payoff structure. Option incentives become weaker as options fall underwater, leading to pressures to reprice options or restore incentives through additional grants of equity-based pay. We
提供机构：
美国国家经济研究局
创建时间：
2002-07-01
