2 papers
math.FA2017
Akcoglu's Dilation Theory in L1-Spaces
Olivia Mah
We provide an outline for the proof of Akcoglu's dilation theory used by Gustafson at el (1997) in investigating the embedding of a probabilistic process into a larger deterministi…
q-fin.PR2013
Volatility in options formulae for general stochastic dynamics
Kais Hamza, Fima Klebaner, Olivia Mah
It is well-known that the Black-Scholes formula has been derived under the assumption of constant volatility in stocks. In spite of evidence that this parameter is not constant, th…