This article examines the relationship between corn and soybean futures volumes for contracts
traded in the United States and Japan. Because the contract specifications for corn and …

The National Basketball Association (NBA) has a fixed salary schedule that allows us to
examine this labor market to understand the incentives for players to enter the draft. Previous …

An organization can lose up to 5 percent of its revenue to fraud ( ACFE 2020 ) making the
ability to effectively prevent and detect accounting fraud essential to many stakeholders. …

This study presents a new method of pricing options on assets with stochastic volatility that
is lattice based, and can easily accommodate early exercise for American options. Unlike …

We present an asymptotic solution for call options on zero-coupon bonds, assuming a stochastic
process for the price of the bond, rather than for interest rates in general. The stochastic …

This study applied the finite element method (FEM) to pricing options. The FEM estimates the
function that satisfies a governing differential equation through the assembly of piecewise …

This paper analyzes the reasons why exchange-traded insurance-linked derivatives like
catastrophe insurance futures and options have failed to attract interest from financial market …

… Tomas and Yu model, which is similar to that presented in Cox, Ross, and Rubinstein (CRR)
(1979). In addition, Tomas … The remainder of this article presents a review of the Tomas and …

We present a method of deriving analytical solutions for a two-dimensional Black-Scholes-Merton
equation. The method consists of three changes of variables in order to reduce the …

This paper uses the methods of error correction and common factor analysis to estimate the
contribution of locals (market makers who may participate directly by trading for their own …