Elasticity theory of structuring
General Finance
2016-12-13 v6
Abstract
Financial derivatives have often been criticized as casino-style betting instruments. It turns out that many naive ways of making them are indeed equivalent to gambling. Fortunately, this inadvertent effect can be understood and prevented. We present a theory of product design which achieves that.
Cite
@article{arxiv.1304.7535,
title = {Elasticity theory of structuring},
author = {Andrei N. Soklakov},
journal= {arXiv preprint arXiv:1304.7535},
year = {2016}
}
Comments
16 pages, 3 figures