Breuer, Wolfgang; Hartmann, Nora; Kleefisch, Anke - RWTH <Aachen> / Lehrstuhl für … - 2002
The pace of innovation in financial instruments has been enormous over the last two dec-ades, but only a few of them have survived. Several papers deal with the valuation of existing financialproducts. In contrast, our approach tries to explain the use of certain financial innovations by...