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HAL Id: inria-00072972 https://hal.inria.fr/inria-00072972 Submitted on 24 May 2006 HAL is a multi-disciplinary open access archive for the deposit and dissemination of sci- entific research documents, whether they are pub- lished or not. The documents may come from teaching and research institutions in France or abroad, or from public or private research centers. L’archive ouverte pluridisciplinaire HAL, est destinée au dépôt et à la diffusion de documents scientifiques de niveau recherche, publiés ou non, émanant des établissements d’enseignement et de recherche français ou étrangers, des laboratoires publics ou privés. The Uncertain Volatility Model and American Options Claude Martini To cite this version: Claude Martini. The Uncertain Volatility Model and American Options. [Research Report] RR-3697, INRIA. 1999. inria-00072972

The Uncertain Volatility Model and American Options

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HAL Id: inria-00072972https://hal.inria.fr/inria-00072972

Submitted on 24 May 2006

HAL is a multi-disciplinary open accessarchive for the deposit and dissemination of sci-entific research documents, whether they are pub-lished or not. The documents may come fromteaching and research institutions in France orabroad, or from public or private research centers.

L’archive ouverte pluridisciplinaire HAL, estdestinée au dépôt et à la diffusion de documentsscientifiques de niveau recherche, publiés ou non,émanant des établissements d’enseignement et derecherche français ou étrangers, des laboratoirespublics ou privés.

The Uncertain Volatility Model and American OptionsClaude Martini

To cite this version:Claude Martini. The Uncertain Volatility Model and American Options. [Research Report] RR-3697,INRIA. 1999. �inria-00072972�

ISS

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6399

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INSTITUT NATIONAL DE RECHERCHE EN INFORMATIQUE ET EN AUTOMATIQUE

The Uncertain Volatility Model and AmericanOptions

Claude Martini

No 3697

May, 1999

THEME 4

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Unit e de recherche INRIA Lorraine, Technopole de Nancy-Brabois, Campus scientifique,615 rue du Jardin Botanique, BP 101, 54600 VILLERS LES NANCY

Unit e de recherche INRIA Rennes, Irisa, Campus universitaire de Beaulieu, 35042 RENNES CedexUnit e de recherche INRIA Rhone-Alpes, 655, avenue de l’Europe, 38330 MONTBONNOT ST MARTIN

Unit e de recherche INRIA Rocquencourt, Domaine de Voluceau, Rocquencourt, BP 105, 78153 LE CHESNAY CedexUnit e de recherche INRIA Sophia-Antipolis, 2004 route des Lucioles, BP 93, 06902 SOPHIA-ANTIPOLIS Cedex

EditeurINRIA, Domaine de Voluceau, Rocquencourt, BP 105, 78153 LE CHESNAY Cedex (France)��������� ���� ���������� ��� ���

ISSN 0249-6399