Resource title

A Strategic Approach to Financial Options

Resource image

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Resource description

To explain the strategic dimension in pricing options, it will be helpful to go back to the heart of the idea behind the concept of an option: options open up the possibility to postpone current decisions to a future point of time. Because of this flexibility additional information and new experiences can be taken into consideration. There are advantages and benefits resulting from this flexibility. The value of the option with the probabilities of the states of nature occurring. These probabilities will turn out the strategic decision variables of a new player as explained in the paper.

Resource author

Wilfried Siebe, Hellmuth Milde, Udo Broll, Volker Bieta

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/22728

Resource license

Adapt according to the presented license agreement and reference the original author.