Torben G. Andersen

Sorry, we do not have enough data to show an influence graph for this author.
Learn More
The volatility of a nancial asset is the variance per unit time of the logarithm of the price of the asset. Volatility has a key role to play in the determination of risk and in the valuation of options and other derivative securities. The widespread Black-Scholes model for asset prices assumes constant volatility. The purpose of this chapter is to review(More)
  • 1