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FS
2006
200views more  FS 2006»
14 years 13 days ago
A counter-example to an option pricing formula under transaction costs
In the paper by Melnikov and Petrachenko `On option pricing in binomial market with transaction costs,' Finance Stoch. 9 (2005), 141
Alet Roux, Tomasz Zastawniak
EOR
2006
94views more  EOR 2006»
14 years 13 days ago
Portfolio rebalancing model with transaction costs based on fuzzy decision theory
The fuzzy set is one of the powerful tools used to describe an uncertain environment. As well as quantifying any potential return and risk, portfolio liquidity is taken into accou...
Yong Fang, K. K. Lai, Shouyang Wang
ICMAS
1998
14 years 1 months ago
Heterogeneity, Stability, and Efficiency in Distributed Systems
This paper explores the increasing the heterogeneity of an agent population to stabilize decentralized systems by adding bias terms to each agent's expected payoffs. Two appr...
James D. Thomas, Katia P. Sycara
MOBILITY
2009
ACM
14 years 7 months ago
UbiPay: minimizing transaction costs with smart mobile payments
Implementing an electronic payment system involves striking a balance between usability and security. Systems that allow payments to be completed with little effort on the part of...
Vili Lehdonvirta, Hayuru Soma, Hitoshi Ito, Tetsuo...