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  • 标题:Valuation of Derivatives on the Cost Variables of the Shipping Market
  • 本地全文:下载
  • 作者:Christos E. Kountzakis
  • 期刊名称:Journal of Mathematical Finance
  • 印刷版ISSN:2162-2434
  • 电子版ISSN:2162-2442
  • 出版年度:2017
  • 卷号:07
  • 期号:02
  • 页码:513-518
  • DOI:10.4236/jmf.2017.72027
  • 语种:English
  • 出版社:Scientific Research Publishing
  • 摘要:In this paper, we present stochastic differential equations related to the cost variables of the shipping market. These SDEs arise under the addition of stochastic terms on the deterministic differential equations concerning the same variables. The financial interest arises from the fact that these SDEs may be used for the valuation of derivatives on these variables, such as futures, options, and others.
  • 关键词:Transport Costs Per Unit of Cargo Turnover;Deadweight;Optimum Speed
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