这种定价方法的主要优点是其前提条件不涉及任何的经济假设,在有套利、不均衡、不完备市场上也能适用。
The main advantage of this approach is that the precise does not involve in any economic assumption, and can be use in the arbitrage, not well balanced and incomplete market.
通过研究发现在不完备市场假设下,由于本质风险的存在以及决策者的谨慎动机,可得到与传统期权实物期权理论不同的结论。
In incomplete market assumption we come to the conclusion different from the traditional one as the existence of idiosyncratic risk and the trader's precautionary motive.
本文致力于不完备金融市场的资产定价研究,重点研究效用无差别定价,因此,本文的研究意义显得更加突出。
This paper is devoted to the capital asset pricing in incomplete financial market, focused on the utility indifference pricing, therefore, the purpose of this paper become more significant.
但是,我国证券市场起步较晚,各项制度建设还不完备,这直接导致了各种证券纠纷的频繁发生。
Meanwhile, all kinds of securities disputes occur more frequently because of our incomplete securities industry system.
但是,我国证券市场起步较晚,各项制度建设还不完备,这直接导致了各种证券纠纷的频繁发生。
Meanwhile, all kinds of securities disputes occur more frequently because of our incomplete securities industry system.
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