๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Price Controls and Rent Dissipation with Endogenous Transaction Costs

โœ Scribed by Robert T. Deacon and Jon Sonstelie


Book ID
125664792
Publisher
American Economic Association
Year
1991
Tongue
English
Weight
338 KB
Volume
81
Category
Article
ISSN
0002-8282

No coin nor oath required. For personal study only.


๐Ÿ“œ SIMILAR VOLUMES


Option pricing and replication with tran
โœ Stylianos Perrakis; Jean Lefoll ๐Ÿ“‚ Article ๐Ÿ“… 2000 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 325 KB

This paper derives optimal perfect hedging portfolios in the presence of transaction costs within the binomial model of stock returns, for a market maker that establishes bid and ask prices for American call options on stocks paying dividends prior to expiration. It is shown that, while the option h