Heterogeneous Information Arrival and Option Pricing
收藏NBER1997-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w5950
下载链接
链接失效反馈官方服务：
资源简介：
We model the arrival of heterogeneous information in a financial market as a doubly-stochastic Poisson process (DSPP). A DSPP is a member of the family of Poisson processes in which the mean value of the process itself is governed by a stochastic mechanism. We explore the implications for pricing
提供机构：
美国国家经济研究局
创建时间：
1997-03-01
