Chapter1.Introduction -- Chapter2.General Equilibrium Option Pricing Models -- Chapter3.Simulation Comparison -- Chapter4.Empirical Comparison -- Chapter5.Fanning Preference and Option Pricing -- Chapter6.Jump Size Distribution and Option Pricing -- Chapter7.Risk Aversion Estimated From Variance...

The rise of smart and connected products has led to unprecedented data richness and the ever-increasing product connectivity, which catalyze the emergence of the data network effect and present a fresh opportunity for product innovation. This paper investigates whether and how connected product...

This study combines two streams of literature – text representation and machine learning-based causal inference, to study how to represent text as data to improve causal inference, i.e., estimating treatment effects more accurately. We choose a real problem context, Yelp reviews, to...

Ridesharing has become popular over the last decade, bringing significant changes to residents’ travel patterns and city traffic. Relevant to the growth and impact of ridesharing activities in populous urban areas are the side effects, such as air pollution and traffic congestion. Despite a...

Problem Definition: A growing eco-trend among eco-conscious consumers is ``Bring-Your-Own-Container" (BYOC), where consumers take their own reusable packaging to buy and consume products to reduce the waste of single-use packaging. In this paper, we study the impacts of BYOC on a firm's...

The price of a single-family house can be viewed as the bundle of the land price, and the replacement/construction cost of the structure, adjusted for depreciation. Given the difficulty in obtaining accurate estimates of each of the elements, previous researches estimate land price as the...

While the world went through rapid urbanization in the last half century, house prices in many densely populated metropolitan regions are becoming increasingly unaffordable. As a result, many families turn to rental housing. However, the high rents in some markets also place significant burdens...