TStock and index options are traded on the financial market and their prices  are determined by supply and demand. These prices…

Classical backward preferences of an investor are simply defined by a family of her value functions across states and times.…

As more regulatory reporting requirements in the regulatory regimes around the world move towards dependence on stochastic approaches, insurance companies…

Evaluating the performance of an active manager in institutional fixed income portfolios is often challenging due to the necessary customization of issuance-based benchmarks to meet specific investment objectives. These constraints can be related to…