Pricing of American call options using regression and numerical integration

Consider the American basket call option in the case where there are N underlying assets, the number of possible exercise times prior to maturity is finite, and the vector of N asset prices is modeled using a Levy process. A numerical method based on regression and numerical integration is proposed...

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Bibliographic Details
Main Authors: Beh, Woan Lin, Pooi, Ah Hin *, Goh, K. L.
Format: Article
Language:English
Published: AENSI Publisher 2014
Subjects:
Online Access:http://eprints.sunway.edu.my/310/
http://eprints.sunway.edu.my/310/1/8-17_Pricing%20of%20American%20Call%20Options%20Using%20regression%20and%20Numerical%20Integration.pdf