Pay-What-You-Want (PWYW) is a participative pricing mechanism which is characterizedby the fact that consumers have …

There is strong empirical evidence that the pricing kernel is Ushaped,which provides a way to explain the substantial … coskewnesspremium. Existing studies typically use a polynomial approximationof the pricing kernel. Problematically, these polynomials …

formalenMethoden der Preisbildung im Sinne der Gewinnmaximierung in Abhängigkeit vonverschiedenen Marktformen breiter Raum gewidmet.... …

This article studies four transform pricing methods in the context of generalequilibrium (GE) framework. The four … among actuarial literature and practice. The transform pricing methodsoffer a convenient solution to contingent claim … pricing problem when the underlyingrisk exposure cannot be fully hedged. We show analytically that these fourmethods are …

expected by the Publisher. The need forthe message arises from the increasing complexity in pricing modelsin use within the …

based on a variety of pricing models and is also able to identify products that have ceased publication or that have been …