European Option Pricing with Transaction Costs in Lévy Jump Environment

The European option pricing problem with transaction costs is investigated for a risky asset price model with Lévy jump. By the aid of arbitrage pricing theory and the generalized Itô formula (which includes Poisson jump), the explicit solution to the risk asset price model is given. According to ar...

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Bibliographic Details
Main Authors: Jiayin Li, Huisheng Shu, Xiu Kan
Format: Article
Language:English
Published: Wiley 2014-01-01
Series:Abstract and Applied Analysis
Online Access:http://dx.doi.org/10.1155/2014/513496
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