Recent Developments in Option Pricing Theory under Fuzzy Environment
Shu Liu · Journal of Xidian University · 2008
It is necessary to precisely price the financial derivative security to avoid the risk in the financial market.The derivative pricing is an important field in finance,and a crucial task for price option.Based on the fuzzy theory,the paper reviews recent developments in option pricing theory and models.Furthermore,it delineates the theoretical foundation of models and discusses their econometric application and further research areas.