Updating pricing rules
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DOI: 10.1007/s00199-018-1125-9
Abstract: This paper studies the problem of updating the super-replication prices of arbitrage-free finite financial markets with a frictionless bond. Any super-replication price is a pricing rule represented as the support function of some polytope of… read more here.
Keywords: updating pricing; pricing rule; pricing; pricing rules ... See more keywords
The (Q,S,s) Pricing Rule: A Quantitative Analysis
Sign Up to like & getrecommendations! Published in 2017 at "Research in Economics"
DOI: 10.1016/j.rie.2017.09.003
Abstract: Are nominal prices sticky because menu costs prevent sellers from continuously adjusting their prices to keep up with inflation or because search frictions make sellers indifferent to any real price over some non-degenerate interval? The… read more here.
Keywords: pricing rule; rule quantitative; quantitative analysis; price ... See more keywords