The Black-Scholes model enables investors to estimate the values of their options contracts more accurately. Read on to learn more about how this is performed.

Discover what a log-normal distribution is, its financial applications, and how to calculate it, including using Excel for ...

A logarithmic excess-advertising model of a duopoly is presented, and Nash optimal open-loop advertising strategies are determined. It turns out that if the two firms use different discount rates, ...