Notation : European call C: American Call option option price price p: European put P: American Put option option price price So: Stock price today·Sr:Stock price at time X: Strike price D: Present value of T: Life of option
CAPM, APT treat securities at a high level of abstraction, assuming implicitly that a prior detailed analysis of each security already had been performed and that its risk and return features had been assessed Specific analyses of particular security markets: valuation principles, determinants of risk and return, portfolio strategies commonly used within and across the various markets
Continuity Conditions at The Interface Potential Energy Forces on Conductors In The Presence Of Dielectrics Forces On Dielectrics Displacement Current Frequency and Temperature Dependence, Anisotropy
Object: to describe the fieds generated by electric charges and currents Mathematical tools A field is a function describing a quantity at all points in space
One of the merits of the notion of sequential equilibrium is the emphasis on out-of- equilibrium beliefs-that is, on beliefs (about past and future play)at information sets that should not be reached if given equilibrium is played. The key insight of extensive-form analysis is that out-of-equilibrium beliefs deter. mine equilibrium behavior. For instance, consider the simple two-stage entry deter- rence game in which potential entrant decides whether to enter a market or stay out, and the incumbent decides whether to fight or acquiesce after the entrant's move
Beginning with this lecture, we focus our attention on dynamic games. The majority of games of economic interest feature some dynamic component, and most often payoff uncertainty as well. The analysis of extensive games is challenging in several ways. At the most basic level describing the possible sequences of events (choices)which define a particular game form is not problematic per se; yet, different formal definitions have been proposed, each with its pros and cons
n this chapter First: to find relations between properties that might not be thought to be related to derive expressions for the variation of the g with Tand p Second: to introduce the chemical potential, a property that will be at the center of discussions in the remaining chapters of this part of the text; to derive expression of fugacity