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    Please use this identifier to cite or link to this item: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/124409


    Title: The Valuation of Contract Deposit and Purchase Price
    Authors: Huang, Chien-Ming;Chang, Ta-Cheng
    Keywords: deposit;purchase price;contingent claim
    Date: 2022-11-30
    Issue Date: 2023-08-24 12:05:19 (UTC+8)
    Publisher: MDPI AG
    Abstract: This paper evaluates the deposit and purchase pricing of purchase contracts in a risk-neutral framework. First, we determine the fair deposit price of a single-installment purchase contract based on theoretical modeling and numerical analysis. Second, the buyer’s threshold pricing in dual-installment and multi-installment contracts is investigated under the framework of compound options. Lastly, the pricing behavior of deposits and purchases is further analyzed using a simultaneous equations modeling framework.
    Relation: Mathematics 10(23), 4535
    DOI: 10.3390/math10234535
    Appears in Collections:[財務金融學系暨研究所] 期刊論文

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