1. Motivation
2. Black Scholes Option Pricing Model
Options
5 factors
Assumptions
Caculation of Black-Scholes Model
Understanding B-S formula
Understanding B-S formula
Extracting sample data
Materialization of B-S model
Deriving B-S option price
Multiple Regression Model – Con’td
Comparison : Real Call option price & Regression & Black-Scholes Model
3) Put Option Valuation
A Pall Option confers the right on its holder, without the obligation, to sell the underlying asset at a certain date for a certain price. Only a little extra work is needed to value put options. Basically , we just pretend that a put option is a call option and use the Black-Scholes formula to value it. We then use the put-call parity condition to solve for the put valu
. PPL effect have a positive(+) effect on Cognitive, Emotional tourism destination image.
The influence of PPL effect about Cognitive image was 0.512. Coefficient of determination R² which measure explanation of model was 0.262. It means Regression Model reflects real circumstance about 26.2%. The influence of PPL effect about Emotional image was 0.616. It me
I. Introduction
1. The significance of the Ricardian Model
The modern economic trade theory was originated from the advocator of ‘absolute advantage’, Adam Smith. According to the theory of ‘absolute advantage’, each country specializes in the product of its absolute advantage in productivity. The theory of ‘absolute advantage’ was accepted as intuitively correct during that time
multilevel data analysis)
교육학, 심리학 등을 포함한 사회과학에서의 연구자료들은 그 성격상 다층구조(multilevel) 혹은 위계적(hierarchical) 구조를 지니고 있는 경우가 많다. 그런데 전통적인 통계분석에서는 이러한 자료들의 다층구조를 무시하고 집합화(aggregation) 등의 방법으로 다층구조를 단층구조로 전환