Evolutionary options

The Next Q400: Evaluating the Evolutionary Options of a Turboprop

Evolutionary Arbitrage For FTSE-100 Index Options and Futures

The objective in this paper is to develop and implement FGP-2 (Financial Genetic Programming) on intra daily tick data for stock index options and futures arbitrage in a manner that is suitable for online trading when windows of profitable arbitrage opportunities exist for short periods from one to ten minutes. Our benchmark for FGP-2 is the textbook rule for detecting arbitrage profits. This r...

Environmental options and technological innovation: an evolutionary game model

This paper analyses the effects on economic agents’ behaviour of an innovative environmental protection mechanism that the Public Administration of a tourist region may adopt to attract visitors while protecting the environment. On the one hand, the Public Administration sells to the tourists an environmental call option that gives them the possibility of being (partially or totally) reimbursed...

An Evolutionary Real Options Framework for Design and Management of Large-Scale Projects and Systems with Multiple Real Options

Toward Evolutionary Innovation Theory

Abstract: Innovations, commercialized by new or old established firms, located at the core of industrial renewal process. The innovation concept has suffered transformations, along with the evolution of the models that try to explain and understand the innovation process. The innovative process corresponds to all activities that generate technological changes and the dynamic interaction between...