{"id":"https://openalex.org/W1989045387","doi":"https://doi.org/10.1007/s007800050003","title":"Local time, coupling and the passport option","display_name":"Local time, coupling and the passport option","publication_year":2000,"publication_date":"2000-01-01","ids":{"openalex":"https://openalex.org/W1989045387","doi":"https://doi.org/10.1007/s007800050003","mag":"1989045387"},"language":"en","primary_location":{"id":"doi:10.1007/s007800050003","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s007800050003","pdf_url":null,"source":{"id":"https://openalex.org/S172526255","display_name":"Finance and Stochastics","issn_l":"0949-2984","issn":["0949-2984","1432-1122"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance and Stochastics","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5052342525","display_name":"Vicky Henderson","orcid":"https://orcid.org/0000-0001-9802-8543"},"institutions":[{"id":"https://openalex.org/I51601045","display_name":"University of Bath","ror":"https://ror.org/002h8g185","country_code":"GB","type":"education","lineage":["https://openalex.org/I51601045"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Vicky Henderson","raw_affiliation_strings":["Department of Mathematical Sciences, University of Bath, Bath BA2 7AY, UK (e-mail: vh@maths.bath.ac.uk, dgh@maths.bath.ac.uk)\n, , , , , , GB","Department of Mathematical Sciences, University of Bath, Bath BA2 7AY, UK (e-mail: vh@maths.bath.ac.uk, dgh@maths.bath.ac.uk) , GB"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Mathematical Sciences, University of Bath, Bath BA2 7AY, UK (e-mail: vh@maths.bath.ac.uk, dgh@maths.bath.ac.uk)\n, , , , , , GB","institution_ids":["https://openalex.org/I51601045"]},{"raw_affiliation_string":"Department of Mathematical Sciences, University of Bath, Bath BA2 7AY, UK (e-mail: vh@maths.bath.ac.uk, dgh@maths.bath.ac.uk) , GB","institution_ids":["https://openalex.org/I51601045"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5071347627","display_name":"David Hobson","orcid":"https://orcid.org/0000-0002-4686-5793"},"institutions":[{"id":"https://openalex.org/I51601045","display_name":"University of Bath","ror":"https://ror.org/002h8g185","country_code":"GB","type":"education","lineage":["https://openalex.org/I51601045"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"David Hobson","raw_affiliation_strings":["Department of Mathematical Sciences, University of Bath, Bath BA2 7AY, UK (e-mail: vh@maths.bath.ac.uk, dgh@maths.bath.ac.uk)\n, , , , , , GB","Department of Mathematical Sciences, University of Bath, Bath BA2 7AY, UK (e-mail: vh@maths.bath.ac.uk, dgh@maths.bath.ac.uk) , GB"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Mathematical Sciences, University of Bath, Bath BA2 7AY, UK (e-mail: vh@maths.bath.ac.uk, dgh@maths.bath.ac.uk)\n, , , , , , GB","institution_ids":["https://openalex.org/I51601045"]},{"raw_affiliation_string":"Department of Mathematical Sciences, University of Bath, Bath BA2 7AY, UK (e-mail: vh@maths.bath.ac.uk, dgh@maths.bath.ac.uk) , GB","institution_ids":["https://openalex.org/I51601045"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I51601045"],"apc_list":{"value":2090,"currency":"USD","value_usd":2090},"apc_paid":null,"fwci":3.7688,"has_fulltext":false,"cited_by_count":42,"citation_normalized_percentile":{"value":0.93699689,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"4","issue":"1","first_page":"69","last_page":"80"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.9873999953269958,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9811999797821045,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/mathematical-finance","display_name":"Mathematical finance","score":0.8495382070541382},{"id":"https://openalex.org/keywords/mathematical-economics","display_name":"Mathematical economics","score":0.6516755223274231},{"id":"https://openalex.org/keywords/lemma","display_name":"Lemma (botany)","score":0.6220719814300537},{"id":"https://openalex.org/keywords/brownian-motion","display_name":"Brownian motion","score":0.553263247013092},{"id":"https://openalex.org/keywords/geometric-brownian-motion","display_name":"Geometric Brownian motion","score":0.5529343485832214},{"id":"https://openalex.org/keywords/key","display_name":"Key (lock)","score":0.4871461093425751},{"id":"https://openalex.org/keywords/exponential-function","display_name":"Exponential function","score":0.4650709629058838},{"id":"https://openalex.org/keywords/class","display_name":"Class (philosophy)","score":0.4375911355018616},{"id":"https://openalex.org/keywords/coupling","display_name":"Coupling (piping)","score":0.43241024017333984},{"id":"https://openalex.org/keywords/position","display_name":"Position (finance)","score":0.4184891879558563},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.41701042652130127},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.3843516707420349},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.35604992508888245},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.3550516963005066},{"id":"https://openalex.org/keywords/applied-mathematics","display_name":"Applied mathematics","score":0.32576096057891846},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.31979918479919434},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.21666020154953003},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.21485772728919983},{"id":"https://openalex.org/keywords/diffusion-process","display_name":"Diffusion process","score":0.09913522005081177},{"id":"https://openalex.org/keywords/mathematical-analysis","display_name":"Mathematical analysis","score":0.09585809707641602},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.06864982843399048},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.06519106030464172}],"concepts":[{"id":"https://openalex.org/C93373587","wikidata":"https://www.wikidata.org/wiki/Q335632","display_name":"Mathematical finance","level":2,"score":0.8495382070541382},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.6516755223274231},{"id":"https://openalex.org/C2777759810","wikidata":"https://www.wikidata.org/wiki/Q149316","display_name":"Lemma (botany)","level":3,"score":0.6220719814300537},{"id":"https://openalex.org/C112401455","wikidata":"https://www.wikidata.org/wiki/Q178036","display_name":"Brownian motion","level":2,"score":0.553263247013092},{"id":"https://openalex.org/C101615488","wikidata":"https://www.wikidata.org/wiki/Q1503307","display_name":"Geometric Brownian motion","level":4,"score":0.5529343485832214},{"id":"https://openalex.org/C26517878","wikidata":"https://www.wikidata.org/wiki/Q228039","display_name":"Key (lock)","level":2,"score":0.4871461093425751},{"id":"https://openalex.org/C151376022","wikidata":"https://www.wikidata.org/wiki/Q168698","display_name":"Exponential function","level":2,"score":0.4650709629058838},{"id":"https://openalex.org/C2777212361","wikidata":"https://www.wikidata.org/wiki/Q5127848","display_name":"Class (philosophy)","level":2,"score":0.4375911355018616},{"id":"https://openalex.org/C131584629","wikidata":"https://www.wikidata.org/wiki/Q4308705","display_name":"Coupling (piping)","level":2,"score":0.43241024017333984},{"id":"https://openalex.org/C198082294","wikidata":"https://www.wikidata.org/wiki/Q3399648","display_name":"Position (finance)","level":2,"score":0.4184891879558563},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.41701042652130127},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3843516707420349},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.35604992508888245},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.3550516963005066},{"id":"https://openalex.org/C28826006","wikidata":"https://www.wikidata.org/wiki/Q33521","display_name":"Applied mathematics","level":1,"score":0.32576096057891846},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.31979918479919434},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.21666020154953003},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.21485772728919983},{"id":"https://openalex.org/C68710425","wikidata":"https://www.wikidata.org/wiki/Q5275442","display_name":"Diffusion process","level":3,"score":0.09913522005081177},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.09585809707641602},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.06864982843399048},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.06519106030464172},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.0},{"id":"https://openalex.org/C2780378061","wikidata":"https://www.wikidata.org/wiki/Q25351891","display_name":"Service (business)","level":2,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C46757340","wikidata":"https://www.wikidata.org/wiki/Q43238","display_name":"Poaceae","level":2,"score":0.0},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0},{"id":"https://openalex.org/C136264566","wikidata":"https://www.wikidata.org/wiki/Q159810","display_name":"Economy","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1007/s007800050003","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s007800050003","pdf_url":null,"source":{"id":"https://openalex.org/S172526255","display_name":"Finance and Stochastics","issn_l":"0949-2984","issn":["0949-2984","1432-1122"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance and Stochastics","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":10,"referenced_works":["https://openalex.org/W1535793628","https://openalex.org/W1545370368","https://openalex.org/W1580561995","https://openalex.org/W1602967628","https://openalex.org/W1969070123","https://openalex.org/W2041550349","https://openalex.org/W2112418185","https://openalex.org/W2167854611","https://openalex.org/W2470516129","https://openalex.org/W3122205829"],"related_works":["https://openalex.org/W135883588","https://openalex.org/W337152960","https://openalex.org/W1981176322","https://openalex.org/W2321320159","https://openalex.org/W4302334749","https://openalex.org/W2119732617","https://openalex.org/W3124371468","https://openalex.org/W86074650","https://openalex.org/W3023283578","https://openalex.org/W2950610911"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":2},{"year":2016,"cited_by_count":2},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":3}],"updated_date":"2026-08-21T09:56:20.448147","created_date":"2025-10-10T00:00:00"}