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Nonparametric State-Price Density Estimation using High Frequency…
https://www.cerf.cam.ac.uk/system/files/documents/Nonparametric-State-Price-Density-Dalderop-Updated-2016.pdfP(Nn(t,t ) = 1|FNt ,Fxt ) = λn(t) oP (),. P(Nn(t,t ) > 1|FNt ,Fxt ) = oP (),. for 0, which defines the conditional intensity function λn(t). Note that -
Information Acquisition and Corporate Debt Illiquidity∗ Ilona…
https://www.cerf.cam.ac.uk/system/files/documents/DebtLiquidity_v17.pdfvested call option. Intuitively, because the manager is protected by limited liability, the op-.
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