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| viXra.org > Economics and Finance > 2306 |
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[3] viXra:2306.0163 [pdf] submitted on 2023-06-29 19:15:29
Authors: David Lee
Comments: 17 Pages.
Equity-linked securities with a guaranteed return are desirable instruments in a volatile market environment. In this paper, we consider a security whose value depends on the performance of a basket of equities averaged over certain points in time, but that is bounded below by a guaranteed amount. We show that the security’s price is given by the sum of the guaranteed amount plus the price of an Asian style option on the basket above. Here we present a new method for valuing the embedded Asian option. The method provides analytical formulas for the security’s price as well as for corresponding hedge ratios; these respective formulas appear, based on numerical testing against a Monte Carlo benchmark, to be accurate over a wide range of underlying security parameter values. Finally, we apply our method to value the embedded European style put option arising from a type of segregated fund with a maturity guarantee.
Category: Economics and Finance
[2] viXra:2306.0115 [pdf] submitted on 2023-06-20 00:44:57
Authors: Bryce Petofi Towne
Comments: 2 Pages. (Note by viXra Admin: This is a stub - Future stubs instead of fully written scholarly articles with scholarly refrences will not be accepted)
This paper introduces a new theoretical framework, the "Consumer Evaluation and Psychological Value Pricing Theory," which focuses on the influence of consumer evaluation abilities and psychological value on product pricing. By examining the interplay of these two elements, we aim to enhance our understanding of consumer behavior and pricing strategies, offering practical guidelines for real-world applications.
Category: Economics and Finance
[1] viXra:2306.0063 [pdf] submitted on 2023-06-12 13:37:42
Authors: Nicolae Sfetcu
Comments: 76 Pages.
Telework, as a new way of working by performing an activity (form of work) flexible in time and at a distance, using information technology and advanced communications, is embodied in teleactivities and teleservices.In recent years, new information and communication technologies have developed rapidly, so that the emergence and development of the Information Society has been at the center of recent scientific, political and economic debates, generating new work opportunities but also essential changes in regarding the nature of work and the way of working, changes comparable to those that happened in the industrial revolution.In this context, telework has become a strategic field from a theoretical and practical point of view, because it represents a solution with important practical potential; can develop quickly; it can positively influence the lives of many Europeans; is an excellent promoter of new processes and advanced technologies; it is a component of the new scientific and technological revolution, oriented towards society based on information and knowledge.
Category: Economics and Finance
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