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In today's uncertain financial climate it is particularly important for entities to explain their financial performance relative to their expectations. Therefore, the paper analyzes the quality and quantity of management reporting in Germany's publicly traded MDAX and SDAX companies using a...
Persistent link: https://www.econbiz.de/10010300005
Mellin transforms in option pricing theory were introduced by Panini and Srivastav (2004). In this contribution, we generalize their results to European power options. We derive Black-Scholes-Merton-like valuation formulas for European power put options using Mellin transforms. Thereafter, we...
Persistent link: https://www.econbiz.de/10010301786
We extend a framework based on Mellin transforms and show how to modify the approach to value American call options on dividend paying stocks. We present a new integral equation to determine the price of an American call option and its free boundary using modi ed Mellin transforms. We also show...
Persistent link: https://www.econbiz.de/10010301790
We are concerned with the valuation of European options in Heston's stochastic volatility model with correlation. Based on Mellin transforms we present new closed-form solutions for the price of European options and hedging parameters. In contrast to Fourier-based approaches where the...
Persistent link: https://www.econbiz.de/10010301794
We proof that Hadamard differentiability in addition with usual assumptions on the loss function for M estimates implies differentiability in quadratic mean. Thus both concepts are exchangeable.
Persistent link: https://www.econbiz.de/10010302701
The compendium of ideas paper addresses two needs: 1) Involving more people in the GIS retrospective program; 2) Creating an initial compilation of ideas which promote mining the various literatures – public, learned, popular (media), professional, etc. – for nuggets such as new ways to add...
Persistent link: https://www.econbiz.de/10012042804
is used. The term Big Data can be loosely defined as data that is too large for traditional analysis methods and … privacy to analysis methods that will also be overviewed. Best practices will further be considered. Additionally, the …
Persistent link: https://www.econbiz.de/10012043164
With the rapid growth of online education in recent years, Learning Analytics (LA) has gained increasing attention from researchers and educational institutions as an area which can improve the overall effectiveness of learning experiences. However, the lack of guidelines on what should be taken...
Persistent link: https://www.econbiz.de/10012045334
the analysis module, they have proposed a statistical technique exploiting the word frequency in order to extract the …
Persistent link: https://www.econbiz.de/10012045558
This paper argues that teacher's job satisfaction should also have an impact on turnover intention. In this paper identified teacher's level of job satisfaction and turnover intention of advance learning institutions in the Khyber Pakhtoon Khwa Province of the Pakistan and the moderating effect...
Persistent link: https://www.econbiz.de/10012045750