plus a 3x6 months Forward Rate Agreement (FRA), and that Libor was a good proxy of the risk free rate required as basic … building block of no-arbitrage pricing theory. Nowadays, in the modern financial world after the credit crunch, some Libors are … carry very important consequences in derivative’s trading and risk management, such as, for example, basis risk …

pricing derivatives. We illustrate the main qualitative features of the new market practice, called CSA discounting, and we …

-discounting, in terms of credit and liquidity effects. We also review the new modern pricing approach prevailing among practitioners …, based on multiple yield curves reflecting the different credit and liquidity risk of Libor rates with different tenors and … report the classical and modern no-arbitrage pricing formulas for plain vanilla interest rate derivatives, and the multiple …

expenditures. To identify optimal advertising and pricing decisions, we discuss three possible games (two non cooperative games …

Options are historically being priced using Black Scholes option pricing model and one of the prominent features of it …

The issue of pricing nature reserves becomes more relevant as budgetary constraints become a limiting factor for their … proper operation. This paper considers and compares different pricing alternatives for managing Nature Reserves (NRs) and … applies them to two nature reserves in Israel. We compare 4 pricing strategies: Free entrance, maximum revenue pricing, cost …