Fraudulent agents in an artificial financial market人工金融市场中的欺诈代理.pptVIP

Speculative option valuation and the fractional diffusion equation  Enrico Scalas (DISTA East-Piedmont University) Summary Continuous-time random walks as models of market price dynamics Limit theorems Link to other models Application to speculative option valuation Conclusions Tick-by-tick price dynamics Conclusions CTRWs are suitable as phenomenological models for high-frequency market dynamics. They are related to and generalise many models already used in econometrics. They can be helpful in various applications including speculative option valuation. * FDA04 - Bordeaux (FR) 18-21