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Full-Text Articles in Physical Sciences and Mathematics
Infinite Product Group, Keith G. Penrod
Infinite Product Group, Keith G. Penrod
Theses and Dissertations
The theory of infinite multiplication has been studied in the case of the Hawaiian earring group, and has been seen to simplify the description of that group. In this paper we try to extend the theory of infinite multiplication to other groups and give a few examples of how this can be done. In particular, we discuss the theory as applied to symmetric groups and braid groups. We also give an equivalent definition to K. Eda's infinitary product as the fundamental group of a modified wedge product.
Black-Scholes And Extended Black-Scholes Models: A Comparative Statistical Analysis, Bradley Thomas Bush
Black-Scholes And Extended Black-Scholes Models: A Comparative Statistical Analysis, Bradley Thomas Bush
All Graduate Plan B and other Reports, Spring 1920 to Spring 2023
Much research has been done on options pricing. Black and Scholes [12] set the benchmark in 1973 with their model for arbitrage-free, risk-neutral options valuation. Arbitrage-free refers to a market environment where prices are such that trading opportunities with no risk do not exist and risk-neutral commodities earn a risk free interest rate. Since then the literature has seen a multitude of models improving the fit of the traditional Black -Scholes (BS) model. A brief overview of options and these models is given. A derivation and discussion of BS is followed by a derivation and discussion of the Extended Black-Scholes …