## Abstract This study derives a simple square root option pricing model using a general equilibrium approach in an economy where the representative agent has a generalized logarithmic utility function. Our option pricing formulae, like the BlackโScholes model, do not depend on the preference param
โฆ LIBER โฆ
A Simple Model of Search Engine Pricing
โ Scribed by Kfir Eliaz; Ran Spiegler
- Book ID
- 111056348
- Publisher
- John Wiley and Sons
- Year
- 2011
- Tongue
- English
- Weight
- 131 KB
- Volume
- 121
- Category
- Article
- ISSN
- 0013-0133
No coin nor oath required. For personal study only.
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## Abstract Cรขmara A. and Wang Y.โH. (2010) introduce a simple square root option pricing model where the square root of the stock price is governed by a normal distribution. They show that their threeโparameter option pricing model can outperform the BlackโScholes option pricing model. We demonstr