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The Black–Scholes–Merton Model as an Idealization of Discrete-Time Economies

The Black–Scholes–Merton Model as an Idealization of Discrete-Time ...

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Examines whether continuous-time models in frictionless financial economies can be well approximated by discrete-time models.

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septembre 2019, Econometric Society Monographs, Anglais
Cambridge Academic
978-1-108-70765-7

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