What is a Utility Function
What is a Utility Function?
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A utility function shows the ‘worth,’ ‘satisfaction’ or ‘happiness’ associated with goods, events, services, outcomes and levels of wealth.
What is a Wiener Process/Brownian Motion?
Explain probability of some buses having arrived when the Poisson process is utilized.
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What is jump-diffusion model?
Describe the three major trends which have prevailed in international business at the time the last two decades.The 1980s brought a quick integration of international capital & financial markets. Impetus for globalized financial markets prim
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Define an example to Hedge?
Explain the deterministic volatility in an option-pricing.
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Who proposed the probabilistic approach based on copulas?
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