Complete and Incomplete Market Models
نویسنده
چکیده
منابع مشابه
Complete / Incomplete Hierarchical Hub Center Single Assignment Network Problem
In this paper we present the problem of designing a three level hub center network. In our network, the top level consists of a complete network where a direct link is between all central hubs. The second and third levels consist of star networks that connect the hubs to central hubs and the demand nodes to hubs and thus to central hubs, respectively. We model this problem in an incomplete net...
متن کاملEstimating Exchange Rate Pass-Through on Producer Prices in Main Sectors of Iranian Economy
Exchange rate changes could impact on prices. Whether exchange rate pass through to prices is complete or incomplete is an interesting question in analyzing impacts of exchange rate policy. An important aspect of exchange rate pass through is in producer price index and in its sub-indices. Our aim is to analyze the effects of exchange rate changes on producer sub-indices. To do that we have use...
متن کاملDuopoly Game Models of Water Supply in the Presence of Market Power
The purpose of this paper is to investigate the allocation of output and the water supply for two firms to produce differentiated product in two oligopoly game models established under the settings of complete information and incomplete information respectively. By solving a linear demand system model, this paper obtains the corresponding allocation results of output and the water supply for tw...
متن کاملThe Interactions between the Lending Rates, Deposit Rates and Money Market Rates
T he present paper investigates the impact of the financial crisis on the interaction between the lending rates, deposit rates and money market rates through the process of retail bank interest rate pass-through in the countries of the Euro area. Among our findings is the heterogeneity of bank rate adjustments across sectors, loans and deposits. That was mainly marked during the pre-...
متن کاملBeyond Black-Scholes Option Theory
This article presents a new option pricing principle that is more useful than the no-arbitrage principle, especially for incomplete markets. The focus here is on ideas behind mathematics— why the new theory is warranted, and how common sense dictates its construction. I. Complete and Incomplete Markets The real financial world is too complicated for anyone to understand it completely. Thus a si...
متن کامل