Show simple item record

dc.contributor.authorApaka Rangita
dc.date.accessioned2020-11-30T08:55:37Z
dc.date.available2020-11-30T08:55:37Z
dc.date.issued2014-12-12
dc.identifier.urihttps://repository.maseno.ac.ke/handle/123456789/3085
dc.description.abstractIn option pricing the rate of change of asset price with time can be viewed to be directly proportional to the Walrasian [6] excess demand. Scholars such as Jacques [3] and Onyango [4], have used the excess demand concept with linearised demand and supply functions to derive and solve both deterministic and stochastic logistic differential equations for stock price. The underlying assets in option pricing are unique and can be seasonal and periodic like for electricity, water and other ‘weather’ derivatives. In this paper we develop and solve both deterministic and stochastic logistic differential equations for option pricing using the excess demand concept but with a linear demand function and a seasonal and periodic supply function.en_US
dc.publisherInternational Journal of Multidisciplinary Sciences and Engineeringen_US
dc.subjectSupply, Demand, Equilibrium, Deterministic, Stochastic, Logistic and Differential Equationsen_US
dc.titleOption Pricing of an Asset with Seasonal and Periodic Supplyen_US
dc.typeArticleen_US


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record