流动性的期权定价方法

被引:7
作者
梁朝晖
张维
机构
[1] 天津大学系统工程研究所,天津大学系统工程研究所天津,天津
关键词
回望期权; 上限; 销售性限制; 流动性不足;
D O I
10.13766/j.bhsk.1008-2204.2005.03.003
中图分类号
F224 [经济数学方法];
学科分类号
0701 ; 070104 ;
摘要
通过对中国封闭式基金流动性折扣的实证研究,介绍了证券流动性折扣的期权定价方法,即用一个回望期权分析流动性成本的上限。这种方法提供了一个尺度去评估由于销售性限制和市场流动性不足而带来的潜在成本。
引用
收藏
页码:8 / 11
页数:4
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