A catastrophe equity put (CatEPut) option is a catastrophe derivative that allows insurance companies to raise equity capital when they face catastrophe losses. This study focuses on a pricing model for a CatEPut options. First, unlike previous research, this study provides a CatEPut option...

This paper investigates executive earnings-based bonuses in a general equilibrium economy. Unlike the existing study, combining the two frameworks in the fields of accounting and economics allows us to examine different earnings characteristics determined by the correlation between...