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Semi-stable Markov processes in rn

✍ Scribed by Sun-Wah Kiu


Publisher
Elsevier Science
Year
1980
Tongue
English
Weight
785 KB
Volume
10
Category
Article
ISSN
0304-4149

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Future pricing through homogeneous semi-
✍ Giuseppe Di Biase; Jacques Janssen; Raimondo Manca πŸ“‚ Article πŸ“… 2005 πŸ› John Wiley and Sons 🌐 English βš– 109 KB

This paper presents a future pricing model based on the discrete time homogeneous semi-Markov process (DTHSMP). The model is adapted to the real data of the Italian primary future stock index. After showing the pricing model, the DTHSMP solution is given. The solution of the semi-Markov process giv