Default and other options
DEFAULT INVESTMENT OPTIONS
... funds, default options and life styling as essential features that help risk control and sound development of supplementary pensions when members bear the investment ...
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Game Options in an Imperfect Market with Default
... game options in a market model with ...game options in an incomplete ...game options in the case of imperfections in the market model taken into account via the nonlinearity of the wealth dynamics, ...
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Options On Credit Default Index Swaps *
... Options on CD index swaps give investors the right to buy or sell risks at the strike spread. A payer swaption is an option that gives the holder the right to be the premium payer (protection buyer), while a ...
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OPTIMAL EXERCISE OF MORTGAGE OPTIONS: DEFAULT, AND REFINANCING
... for default and refinancing options associated with a mortgage loan and from the perspective of ...real options theory, ours is the first paper to formalize these intuitions and provide precise ...
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Default Options and their Effect on Patients’ Advance Directives
... settings on advance directive forms affected the way that patients over 50 years old choose options for end-of-life care. METHODS An exhaustive literature search of MEDLINE-PubMed, Web of Science, and the ...
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American options in an imperfect complete market with default
... American options in the case of imperfections in the market model taken into account via the nonlinearity of the dynamics of the wealth (or equivalently, of the portfolio’s values), which are modeled via a ...
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American Options in an Imperfect Complete Market with Default
... American options in the case of imperfections in the market model taken into account via the nonlinearity of the dynamics of the wealth (or equivalently, of the portfolio’s values), which are modeled via a ...
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Stock Options and Credit Default Swaps in Risk Management
... stock options and credit default swaps (CDS) in banks is not ...Stock options can induce risk-taking incentives, while CDS can be used to hedge against credit ...stock options in restraining ...
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European Options in a Nonlinear Incomplete Market Model with Default
... Abstract. We study the superhedging prices and the associated superhedging strategies for European options in a nonlinear incomplete market model with default. The underlying market model consists of one ...
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Pricing Bermudan options under local Lévy models with default
... of default in their ...Bermudan options to the above mentioned classes of state-dependent asset dynamics, including jumps in asset prices and the possibility of ...
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The Appropriateness of Default Investment Options in Defined Contribution Plans: Australian Evidence
... the default investment option of their respective plans. Since default investment options of different plans vary widely in terms of their benchmark asset allocation, the most important determinant ...
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Appropriateness of Default Investment Options in Defined Contribution Plans: The Australian Evidence
... the default investment option of their respective plans. Since default investment options of different plans vary widely in terms of their benchmark asset allocation, the most important determinant ...
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Bypassing Congress on Federal Debt: Executive Branch Options to Avoid Default
... Executive Branch Options to Avoid Default The President therefore could issue an executive order directing the Secretary of the Treasury to create an SPE to issue d[r] ...
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Bypassing Congress on Federal Debt: Executive Branch Options to Avoid Default
... debt default—a technical default resulting from Congress’s failure to raise the federal debt ceiling—and analyzes how the executive branch of the federal government (hereinafter, “Executive Branch”) might ...
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The appropriateness of default investment options in defined contribution plans: Australian evidence
... for default investment ...as default investment options, which bears close resemblance to the „defensive‟ strategy in our paper, may not be well suited to optimise the retirement benefits of the ...
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Pricing vulnerable options with variable default boundary under jump diffusion processes
... vulnerable options, we improve the results of Klein and Inglis [Journal of Banking and Finance] and Tian et ...of options face financial ...of default and the occasional impact experienced by the ...
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The Importance of Default Options for Retirement Saving Outcomes: Evidence from the United States
... survivor default, they estimate an increase in joint-and-survivor annuitization among married men of over 25 percentage ...the default among retirees at firms that offered both the single life option and ...
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Superhedging prices of European and American options in a non-linear incomplete market with default
... Abstract This paper studies the superhedging prices and the associated superhedging strate- gies for European and American options in a non-linear incomplete market with de- fault. We present the seller’s and the ...
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Credit Default Swap Index Options. Evaluating the viability of a new product for the CBOE
... Credit Default Swap Index Derivatives Since the CDS indexes were introduced, an array of over-the-counter derivatives have arisen which permit trading of specific portions of ...index options to allow ...
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Options On Credit Default Index Swaps
... Section 3 presents an alternative pricing model that is currently used by some market practitioners. 2 A survival measure based option pricing model Consider a forward-start CD index swap with a forward start date t 0 , ...
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