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FUZZY ECONOMIC REVIEW

ISSN (print) 1136-0593 · ISSN (online) 2445-4192

FUZZY ECONOMIC REVIEW, Volume XVI

Return risk map in a fuzzy environment

José M. Brotons. Miguel Hernández University

Antonio Terceño. Rovira i Virgili University

Within the framework of Assets Liability Management, we understand that immunization is the main method to assure a certain yield in a future date departing from an initial portfolio. Although the objective of passive strategies is to design a portfolio that will achieve the performance of a predetermined benchmark, active…
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Pricing brazilian exchange rate options using an adaptive network-based Fuzzy inference system

Leandro S. Maciel. University of Campinas

Recently, option pricing has become the focus of risk managers, policymakers, traders and more generally all market participants, since they find valuable information in these contracts. This paper suggests the pricing performance evaluation on Brazilian exchange rate R$ (Reais) per US$ (U. S. Dollar) option contracts, traded at the Brazilian…
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