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Record W2152537725 · doi:10.5430/afr.v1n1p207

Collocation Methods for Pricing American Strangle Options

2012· article· en· W2152537725 on OpenAlexvenueno aff
Jingtang Ma, Youjin Zhang

Bibliographic record

VenueAccounting and Finance Research · 2012
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicStochastic processes and financial applications
Canadian institutionsnot available
FundersFundamental Research Funds for the Central Universities
KeywordsCollocation methodCollocation (remote sensing)Integral equationVolterra integral equationOrder (exchange)MathematicsNumerical analysisMathematical optimizationApplied mathematicsComputer scienceDifferential equationMathematical analysisEconomicsOrdinary differential equationFinance

Abstract

fetched live from OpenAlex

The aim of this paper is to develop high-order collocation methods for pricing American strangle options. The major difficulty in pricing American strangles is to determine the optimal exercise boundaries. Chiarella and Ziogas (2005) derived that the optimal exercise boundaries satisfy a system of integral equations. Since the analytical solutions of the integral equation system cannot be found, it relies on numerical methods to solve the integral equation system. In the literature, there are no efficient and reliable numerical methods for solving the integral equation system. This paper develops a high-order collocation method to solve the integral equation system. Numerical example is carried out to show that the collocation methods are much more reliable and efficient.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.003
metaresearch head score (Gemma)0.001
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Methods · Consensus signal: none
Teacher disagreement score0.807
Threshold uncertainty score0.437

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0030.001
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.001
Science and technology studies0.0010.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.113
GPT teacher head0.416
Teacher spread0.302 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreMethods

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations2
Published2012
Admission routes1
Has abstractyes

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