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Slope effect - PowerPoint PPT Presentation


The Impact of Liquidity on Option Prices

The Impact of Liquidity on Option Prices

The Impact of Liquidity on Option Prices. Robin K. Chou Department of Finance, National Chengchi University San-Lin Chung and Yaw-Huei Wang Department of Finance, National Taiwan University Yu-Jen Hsiao Department of Finance, National Central University. Introduction.

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494 views • 33 slides



Part I. Economics & Tourism I.c. The “steady state” concept in tourism analysis

Part I. Economics & Tourism I.c. The “steady state” concept in tourism analysis

Part I. Economics & Tourism I.c. The “steady state” concept in tourism analysis. Tourism dynamics. Economic growth and tourism activity The concept of steady state in the growth theory (Solow). The basic model : (TA: Tourism Arrivals) TA = G {TK ; H ; R}

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461 views • 11 slides


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