We study a discrete time hedging and pricing problem in a market with liquidity costs. Using Leland’s discrete time replication scheme [Leland, H.E., 1985. Journal of Finance, 1283–1301], we consider a discrete time version of the Black–Scholes model and a delta hedging strategy. We derive a partial differential equation for the option price in the presence of liquidity costs and develop a modi...

This study assessed the psychometric properties of the Mother and Father Compulsive Caregiving Scales (MFCC). Exploratory (N = 1283, 71.5% Caucasian) and confirmatory (N = 2203, 76.6% Caucasian) factor analyses revealed two-factor structures for each parent: burden and autonomy. Correlational analyses with retrospective self-reports of parent-child relationship quality, family risk indicators, ...

University of North Carolina at Chapel Hill. All rights reserved. For permissions, please e-mail: [email protected]. Social Forces 92(4) 1259–1283, June 2014 doi: 10.1093/sf/sot156 Advance Access publication on 28 February 2014 This research project received the support of the Luxembourg Fonds National de la Recherche (FNR), FNR/P11/05 & FNR/P11/05bis. The authors would also like to ...

Abstract We study a strict version of the notion equilibrium robustness by Kajii and Morris (Econometrica 65:1283–1309, 1997) that allows for larger class incomplete information perturbations given complete game, where with high probability, players believe their payoffs are close to (but may be different from) those game. show monotone potential maximizer game is strictly robust if either or a...