Alternative methods to derive the black-scholes-merton equation

Nattakorn Phewchean, Renato Costa, Masnita Misiran, Yongwimon Lenbury

Research output: Contribution to journalArticlepeer-review

Abstract

We investigate the derivation of option pricing involving several assets following the Geometric Brownian Motion (GBM). First, we propose some derivations based on the basic ideas of the assets. Next, we consider the trivial case where we have n assets. Finally, we consider different drifts, volatilities and Wiener processes but now from n stochastic assets taking into account a fixed-income.

Original languageEnglish
Pages (from-to)821-825
Number of pages5
JournalInternational Journal of Circuits, Systems and Signal Processing
Volume14
DOIs
Publication statusPublished - 2020
Externally publishedYes

Keywords

  • Black-Scholes-Merton equation
  • Fixed income
  • Option pricing
  • Stochastic asset

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