The Subjective Valuation of Indexed Stock Options and Their Incentive Effects
β Scribed by A. Louis Calvet; Abdul H. Rahman
- Book ID
- 109178208
- Publisher
- John Wiley and Sons
- Year
- 2006
- Tongue
- English
- Weight
- 251 KB
- Volume
- 41
- Category
- Article
- ISSN
- 0732-8516
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
## Abstract The unique characteristics of employee stock options make straightforward applications of traditional option pricing models questionable. This study extends the standard pricing model to account for the dilution effect, the employees' exercise pattern, and the stateβdependent employee f
Prior to the introduction of options on the S & P 500 futures, limits were imposed on the daily changes in 'See Cox, Ingeisoll, and Ross (1981) for discussion about the differences between forward and futures contracts when interest rates are stochastic. ESTIMATING STOCK FUTURES INDEX VOI.ATII.ITY /