• Out-of-Stock

A New Classifi cation of Exotic Options [extrait BMI 112]

Author :
€47.39
Quantity
Add to wishlist
Out-of-Stock

Version numérique PDF

Tailor-made to fit investors? specific needs, exotic options are more efficient than traditional ones to the extent that they allow a better risk reallocation between economic agents. However, due to the increasing complexity of exotic options, it is necessary to have a well specified classification structure for these products for better use and control. This article proposes a new approach to classify and design exotic options. Using traditional option characteristics as benchmark, options are classified according to their associated degrees of exoticism, which depend on the violation of any combinations of 5 traditional option characteristics. Accordingly, options are classified in the same group if they do not meet the same traditional conditions. In our methodology, 64 most frequently traded exotic options can be classified and 26 new exotic options can be created. This would help regulators and small investors to have a better understanding on complicated exotic options, so that they can assess precisely the riskiness related to these products.

Auteurs :Yu Wei
Extrait de la revue BMI 112

BMI112-1103165
New

16 other products in the same category:

Bankers, Markets &...
  • Out-of-Stock
Availability: Out of stock

Sommaire

Articles

  • Capital Protected notes for Loss Averse Investors: a Counterintuitive Result
  • The Cost of Accuracy in the Least Squares Monte Carlo Approach
  • Success of Shareholder Activism: the French Case

Focus On

  • Dividend Policy
Bankers, Markets &...
  • Out-of-Stock
Availability: Out of stock

Sommaire

Articles

  • Comparing the Value Relevance of Earnings and Book Value in IFRS and GAAP Standards
  • Credit Risk Evaluation: The Econometric vs the Structural Approach
  • The Fund Synthetic Index: An Alternative Benchmark for Mutual Funds
  • Corporate Governance and Performance of French Listed Companies

Focus On

  • Symmetric vs. Downside Risk Measures in Portfolio Decisions
This website uses cookies to ensure you get the best experience on our website