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Mathematical Modeling Of Financial Derivative Pricing, Kelly L. Cosgrove
Mathematical Modeling Of Financial Derivative Pricing, Kelly L. Cosgrove
Honors Scholar Theses
The binomial asset-pricing model is used to price financial derivative securities. This text will begin by going over the probability concepts necessary to understand this discrete-time model. It then develops the theory behind the binomial model and different properties that arise. It shows how to use the binomial model to predict future stock prices, and then uses this information to price derivative securities. It initially focuses on the European call option, but goes on to provide a pricing method for the American put option. However, many of the theorems developed are applicable to all derivative securities. The text wraps up …
A Changing Industry: An Analysis Of The Effects Of Direct-To-Consumer Advertising On The Insurance Industry, James Bonvicini
A Changing Industry: An Analysis Of The Effects Of Direct-To-Consumer Advertising On The Insurance Industry, James Bonvicini
Honors Scholar Theses
Direct-to-consumer selling is a shift in the strategies of many companies. As technology continues to play a prominent role in business, companies need to adapt to accommodate, and take advantage of, new opportunities that become available. Many insurance companies are now focusing on improving their direct-to-consumer selling efforts and attracting consumers with new online selling platforms. This thesis looks at the changes inside and outside of the industry that led to this direct method of selling and the impact that this has on the intermediaries in the industry, with a focus on property and casualty businesses. Additionally, this thesis takes …