{"id":"W2104050342","doi":"","title":"The Importance of the Loss Function in Option Pricing","year":2001,"lang":"en","type":"preprint","venue":"Érudit documents and data repository (Érudit Consortium, University of Montreal)","topic":"Stochastic processes and financial applications","field":"Economics, Econometrics and Finance","cited_by":35,"is_retracted":false,"has_abstract":true,"ca_institutions":"McGill University","funders":"","keywords":"Econometrics; Function (biology); Black–Scholes model; Valuation of options; Volatility (finance); Sample (material); Loss function; Economics; Implied volatility; Mathematics; Actuarial science","routes":{"ca_aff":true,"ca_fund":false,"ca_venue":false,"about_ca":false,"invisible_to_affiliation_only":false},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.02249924,0.001456734,0.001585376,0.001847015,0.001064387,0.006936536,0.001887024,0.003057535,0.002833306],"category_scores_gemma":[0.1092776,0.001072239,0.001356785,0.001603174,0.004167018,0.01209123,0.003154864,0.00506424,0.0007997067],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.002067335,"about_ca_system_score_gemma":0.001739199,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.005159545,"about_ca_topic_score_gemma":0.002275123,"domain_scores_codex":[0.9910382,0.006225499,0.0003174822,0.0006482722,0.001399405,0.0003712179],"domain_scores_gemma":[0.9155746,0.07049746,0.003179251,0.005156722,0.004500875,0.001091063],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"simulation_or_modeling","study_design_gemma":"theoretical_or_conceptual","study_design_scores_codex":[0.0009509389,0.0001564427,0.01727645,0.0003833371,0.0002462809,0.0003084457,0.0003713084,0.5447465,0.001884568,0.3168783,0.002180442,0.114617],"study_design_scores_gemma":[0.00004912227,0.0002394644,0.007098069,0.0001401279,0.00005847143,0.000150836,0.0001093281,0.7886673,0.001238819,0.1997936,0.002367735,0.00008708488],"study_design_candidate":"theoretical_or_conceptual","study_design_consensus":null,"genre_codex":"methods","genre_gemma":"empirical","genre_scores_codex":[0.1929662,0.009857058,0.7647026,0.01104197,0.0004850527,0.0001018625,0.0002621204,0.0003945892,0.02018861],"genre_scores_gemma":[0.9277195,0.004740714,0.05688838,0.0008123754,0.0007363693,0.0001145556,0.0002822061,0.0003667984,0.008339046],"genre_candidate":"empirical","genre_consensus":null,"teacher_disagreement_score":0.02249924,"threshold_uncertainty_score":0.1189888,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.0175347095966822,"score_gpt":0.2097623418984658,"score_spread":0.1922276323017836,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}