Based on the value sensitivity of options to underlying and corresponding treaty clauses, this paper poses a measuring method of path dependence intensity, which breaks the setup where the path dependence intensity is...Based on the value sensitivity of options to underlying and corresponding treaty clauses, this paper poses a measuring method of path dependence intensity, which breaks the setup where the path dependence intensity is only classified roughly and which becomes a deep study on path-dependent options. Then, its feasibility, instructions, and application to compare the path dependence intensity of sorts of options will be discussed.展开更多
文摘Based on the value sensitivity of options to underlying and corresponding treaty clauses, this paper poses a measuring method of path dependence intensity, which breaks the setup where the path dependence intensity is only classified roughly and which becomes a deep study on path-dependent options. Then, its feasibility, instructions, and application to compare the path dependence intensity of sorts of options will be discussed.
