… The second model we consider is a variation of the two-factor Gibson and Schwartz (1990) …
Finally, we extend the Gibson and Schwartz model to include stochastic interest rates. In …

… The foregoing discloses our ignorance about which class(es) of mechano-sensitive and/or
-insensitive ending provides key afferent input with respect to IBS pain and hypersensitivity. It …

We develop a simple approach to valuing risky corporate debt that incorporates both default
and interest rate risk. We use this approach to derive simple closed‐form valuation …

This article presents a simple yet powerful new approach for approximating the value of
American options by simulation. The key to this approach is the use of least squares to estimate …

… of a futures market in the output commodity, it would be straightforward to derive an analogous
model in a general equilibrium context similar to that employed by Brennan and Schwartz …

Objectives: The Forced Choice Recognition (FCR) trial of the California Verbal Learning
Test, 2nd edition, was designed as an embedded performance validity test (PVT). To our …

This paper develops and empirically tests a two‐factor model for pricing financial and real
assets contingent on the price of oil. The factors are the spot price of oil and the instantaneous …

This paper examines the importance of the regular pattern in the behavior of electricity prices,
and its implications for the purposes of derivative pricing. We analyze the Nordic Power …

This paper develops an arbitrage model of the term structure of interest rates based on the
assumptions that the whole term structure at any point in time may be expressed as a function …

We develop a two‐factor general equilibrium model of the term structure. The factors are the
short‐term interest rate and the volatility of the short‐term interest rate. We derive closed‐…