{"id":"https://openalex.org/W2085381482","doi":"https://doi.org/10.1007/s007800050023","title":"On Leland's strategy of option pricing with transactions costs","display_name":"On Leland's strategy of option pricing with transactions costs","publication_year":1997,"publication_date":"1997-07-01","ids":{"openalex":"https://openalex.org/W2085381482","doi":"https://doi.org/10.1007/s007800050023","mag":"2085381482"},"language":"en","primary_location":{"id":"doi:10.1007/s007800050023","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s007800050023","pdf_url":"https://link.springer.com/content/pdf/10.1007/s007800050023.pdf","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":true,"oa_status":"bronze","oa_url":"https://link.springer.com/content/pdf/10.1007/s007800050023.pdf","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5028886378","display_name":"Yuri Kabanov","orcid":"https://orcid.org/0000-0002-6275-1112"},"institutions":[{"id":"https://openalex.org/I2802368776","display_name":"Central Economics and Mathematics Institute","ror":"https://ror.org/02n937p61","country_code":"RU","type":"facility","lineage":["https://openalex.org/I1313323035","https://openalex.org/I2802368776","https://openalex.org/I4210120228"]}],"countries":["RU"],"is_corresponding":true,"raw_author_name":"Yuri M. Kabanov","raw_affiliation_strings":["Central Economics and Mathematics Institute of the Russian Academy of Sciences\n, , , , , , RU","Central Economics and Mathematics Institute of the Russian Academy of Sciences#N#, , RU"],"affiliations":[{"raw_affiliation_string":"Central Economics and Mathematics Institute of the Russian Academy of Sciences\n, , , , , , RU","institution_ids":["https://openalex.org/I2802368776"]},{"raw_affiliation_string":"Central Economics and Mathematics Institute of the Russian Academy of Sciences#N#, , RU","institution_ids":["https://openalex.org/I2802368776"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5031222484","display_name":"Mher Safarian","orcid":null},"institutions":[{"id":"https://openalex.org/I39343248","display_name":"Humboldt-Universit\u00e4t zu Berlin","ror":"https://ror.org/01hcx6992","country_code":"DE","type":"education","lineage":["https://openalex.org/I39343248"]},{"id":"https://openalex.org/I192389796","display_name":"Humboldt State University","ror":"https://ror.org/02qt0xs84","country_code":"US","type":"education","lineage":["https://openalex.org/I192389796"]}],"countries":["DE","US"],"is_corresponding":false,"raw_author_name":"Mher M. Safarian","raw_affiliation_strings":["Humboldt University, Unter den Linden, 6, D-10117 Berlin, Germany\n, , , , , , DE","Humboldt University, Unter den Linden, 6, D-10117 Berlin, Germany , DE"],"affiliations":[{"raw_affiliation_string":"Humboldt University, Unter den Linden, 6, D-10117 Berlin, Germany\n, , , , , , DE","institution_ids":["https://openalex.org/I39343248"]},{"raw_affiliation_string":"Humboldt University, Unter den Linden, 6, D-10117 Berlin, Germany , DE","institution_ids":["https://openalex.org/I192389796"]}]}],"institutions":[],"countries_distinct_count":3,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5028886378"],"corresponding_institution_ids":["https://openalex.org/I2802368776"],"apc_list":{"value":2290,"currency":"EUR","value_usd":2890},"apc_paid":null,"fwci":2.3263,"has_fulltext":true,"cited_by_count":98,"citation_normalized_percentile":{"value":0.89898857,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":91,"max":99},"biblio":{"volume":"1","issue":"3","first_page":"239","last_page":"250"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.9987999796867371,"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":0.9987999796867371,"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/T10282","display_name":"Financial Risk and Volatility Modeling","score":0.9821000099182129,"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/T11496","display_name":"Credit Risk and Financial Regulations","score":0.9491999745368958,"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":0.8035440444946289},{"id":"https://openalex.org/keywords/limiting","display_name":"Limiting","score":0.6293041706085205},{"id":"https://openalex.org/keywords/constant","display_name":"Constant (computer programming)","score":0.5198807716369629},{"id":"https://openalex.org/keywords/zero","display_name":"Zero (linguistics)","score":0.5133194327354431},{"id":"https://openalex.org/keywords/valuation-of-options","display_name":"Valuation of options","score":0.5019257068634033},{"id":"https://openalex.org/keywords/contradiction","display_name":"Contradiction","score":0.4785607159137726},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.43054574728012085},{"id":"https://openalex.org/keywords/mathematical-economics","display_name":"Mathematical economics","score":0.40861228108406067},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.3687892556190491},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.36640000343322754},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.20344096422195435},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.08272555470466614},{"id":"https://openalex.org/keywords/philosophy","display_name":"Philosophy","score":0.08230721950531006}],"concepts":[{"id":"https://openalex.org/C93373587","wikidata":"https://www.wikidata.org/wiki/Q335632","display_name":"Mathematical finance","level":2,"score":0.8035440444946289},{"id":"https://openalex.org/C188198153","wikidata":"https://www.wikidata.org/wiki/Q1613840","display_name":"Limiting","level":2,"score":0.6293041706085205},{"id":"https://openalex.org/C2777027219","wikidata":"https://www.wikidata.org/wiki/Q1284190","display_name":"Constant (computer programming)","level":2,"score":0.5198807716369629},{"id":"https://openalex.org/C2780813799","wikidata":"https://www.wikidata.org/wiki/Q3274237","display_name":"Zero (linguistics)","level":2,"score":0.5133194327354431},{"id":"https://openalex.org/C194483076","wikidata":"https://www.wikidata.org/wiki/Q380382","display_name":"Valuation of options","level":2,"score":0.5019257068634033},{"id":"https://openalex.org/C2776728590","wikidata":"https://www.wikidata.org/wiki/Q363948","display_name":"Contradiction","level":2,"score":0.4785607159137726},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.43054574728012085},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.40861228108406067},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.3687892556190491},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.36640000343322754},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.20344096422195435},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.08272555470466614},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.08230721950531006},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","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/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1007/s007800050023","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s007800050023","pdf_url":"https://link.springer.com/content/pdf/10.1007/s007800050023.pdf","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":{"id":"doi:10.1007/s007800050023","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s007800050023","pdf_url":"https://link.springer.com/content/pdf/10.1007/s007800050023.pdf","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"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/17","score":0.4099999964237213,"display_name":"Partnerships for the goals"}],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2085381482.pdf","grobid_xml":"https://content.openalex.org/works/W2085381482.grobid-xml"},"referenced_works_count":3,"referenced_works":["https://openalex.org/W2081877251","https://openalex.org/W2161836471","https://openalex.org/W4297584681"],"related_works":["https://openalex.org/W2381825231","https://openalex.org/W2377933838","https://openalex.org/W2348916262","https://openalex.org/W4210310594","https://openalex.org/W2330422317","https://openalex.org/W2354224618","https://openalex.org/W2354172502","https://openalex.org/W2391836570","https://openalex.org/W2128350654","https://openalex.org/W3123371492"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":2},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":7},{"year":2020,"cited_by_count":6},{"year":2019,"cited_by_count":4},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":4},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":5},{"year":2014,"cited_by_count":4},{"year":2013,"cited_by_count":4},{"year":2012,"cited_by_count":6}],"updated_date":"2026-03-27T14:29:43.386196","created_date":"2025-10-10T00:00:00"}
