is less likely to be bailed out, the effect on upstream profits is ambiguous while consumers loose. Options are less … welfare increasing than forwards, but the difference is minimal. In the presence of bankruptcy, options are the preferred …

enrich their OTT capacities also emerged. This paper discusses different options of mobile operators to cope with OTT … mobile operator’s perspective, six options from pure wholesale dumb pipe to fully bundle service provider. 1. Wholesale only … above five options. This study adopts cost-benefit analysis to compare total cost and benefit and assess profitability of …

feedforward ones that drive innovation eco-systems towards self-organization and the auto-catalytic generation of new options. The … generation of options can be more important than historical realizations ("best practices") for the longer-term viability of … knowledge-based innovation systems. A system without sufficient options, for example, is locked-in. The generation of redundancy …

show that options can also be valued when uncertainty is not reduced to probabilities of payoffs. In our approach the basic …

point with a simple quantitative hedging model, where optimally used options and futures on the S&P100's implied volatility …

models. We also derive two general pricing formulas for futures options. Finally we present an easily applicable sufficient …

underlying. The paper first explores non-parametric procedures for reconstructing densities directly from options market data. I …