RESEARCH ACTIVITIES

Working papers:

Working papers:

1 . 'Cautiousness and the Demand for Options', (with J. Huang)

[download pdf]

2. 'Risk-Taking-Neutral Background Risk', (with G. Franke and H. Schlesinger)

[download pdf]

3. 'Background Risk and Trading in a Full-Information Rational Expectations Economy', (with M. G. Subrahmanyam and Q. Zeng)

[download pdf]

4. 'The Black Model and the Pricing of Options on Assets, Futures and Interest Rates' (with G Franke and J Huang)

[read abstract] [download pdf]

5. 'The Libor Market Model: A Recombining Binomial Tree Methodology' (with Sandra Derrick, Daniel J. Stapleton).

[read abstract] [download pdf]

Richard StapletonProfessor of FinanceManchester UniversityMelbourne UniversityPricing OptionsInterest Rate DerivativesConsultancyfinance researchteachingprofessor richard c stapleton