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Dawson, 1996 - Google Patents

RATIONAL EARLY EXERCISE OF EQUITY AND INDEX OPTIONS: THE IMPACT OF MARKET FRICTIONS.

Dawson, 1996

Document ID
18310656081557886749
Author
Dawson P
Publication year
Publication venue
Journal of Business Finance & Accounting

External Links

Snippet

The article highlights the impact of market frictions, on the rational early exercise of equity and index options. The early exercise of options is an under-researched empirical aspect of rational investor behavior. Rational behavior is defined, as those actions which are …
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Classifications

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