{"id":"https://openalex.org/W4292621896","doi":"https://doi.org/10.1145/3543106.3543124","title":"Asian Chooser Option Pricing Based on Binominal Tree and Monte Carlo Simulation","display_name":"Asian Chooser Option Pricing Based on Binominal Tree and Monte Carlo Simulation","publication_year":2022,"publication_date":"2022-05-13","ids":{"openalex":"https://openalex.org/W4292621896","doi":"https://doi.org/10.1145/3543106.3543124"},"language":"en","primary_location":{"id":"doi:10.1145/3543106.3543124","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3543106.3543124","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2022 8th International Conference on E-business and Mobile Commerce","raw_type":"proceedings-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":null,"display_name":"Yongxue Zhou","orcid":null},"institutions":[{"id":"https://openalex.org/I66946132","display_name":"University of Maryland, College Park","ror":"https://ror.org/047s2c258","country_code":"US","type":"education","lineage":["https://openalex.org/I66946132"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Yongxue Zhou","raw_affiliation_strings":["University of Maryland, USA"],"affiliations":[{"raw_affiliation_string":"University of Maryland, USA","institution_ids":["https://openalex.org/I66946132"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I66946132"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.13486842,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":"103","last_page":"108"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.9819999933242798,"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":0.9819999933242798,"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/binomial-options-pricing-model","display_name":"Binomial options pricing model","score":0.8436707258224487},{"id":"https://openalex.org/keywords/monte-carlo-methods-for-option-pricing","display_name":"Monte Carlo methods for option pricing","score":0.6440441012382507},{"id":"https://openalex.org/keywords/monte-carlo-method","display_name":"Monte Carlo method","score":0.6401649713516235},{"id":"https://openalex.org/keywords/trinomial-tree","display_name":"Trinomial tree","score":0.5657826066017151},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.461779922246933},{"id":"https://openalex.org/keywords/valuation-of-options","display_name":"Valuation of options","score":0.43697983026504517},{"id":"https://openalex.org/keywords/database-transaction","display_name":"Database transaction","score":0.4349752366542816},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.43340200185775757},{"id":"https://openalex.org/keywords/asian-option","display_name":"Asian option","score":0.42255350947380066},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.3541738986968994},{"id":"https://openalex.org/keywords/actuarial-science","display_name":"Actuarial science","score":0.3517441153526306},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.31896352767944336},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.2248421311378479},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.14030224084854126}],"concepts":[{"id":"https://openalex.org/C105235620","wikidata":"https://www.wikidata.org/wiki/Q1138253","display_name":"Binomial options pricing model","level":3,"score":0.8436707258224487},{"id":"https://openalex.org/C101710237","wikidata":"https://www.wikidata.org/wiki/Q6904701","display_name":"Monte Carlo methods for option pricing","level":3,"score":0.6440441012382507},{"id":"https://openalex.org/C19499675","wikidata":"https://www.wikidata.org/wiki/Q232207","display_name":"Monte Carlo method","level":2,"score":0.6401649713516235},{"id":"https://openalex.org/C166827900","wikidata":"https://www.wikidata.org/wiki/Q7843049","display_name":"Trinomial tree","level":4,"score":0.5657826066017151},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.461779922246933},{"id":"https://openalex.org/C194483076","wikidata":"https://www.wikidata.org/wiki/Q380382","display_name":"Valuation of options","level":2,"score":0.43697983026504517},{"id":"https://openalex.org/C75949130","wikidata":"https://www.wikidata.org/wiki/Q848010","display_name":"Database transaction","level":2,"score":0.4349752366542816},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.43340200185775757},{"id":"https://openalex.org/C1898038","wikidata":"https://www.wikidata.org/wiki/Q728255","display_name":"Asian option","level":3,"score":0.42255350947380066},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3541738986968994},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.3517441153526306},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.31896352767944336},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.2248421311378479},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.14030224084854126},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1145/3543106.3543124","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3543106.3543124","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2022 8th International Conference on E-business and Mobile Commerce","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/17","display_name":"Partnerships for the goals","score":0.44999998807907104}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":8,"referenced_works":["https://openalex.org/W1964916079","https://openalex.org/W1965957329","https://openalex.org/W2059469232","https://openalex.org/W2106154424","https://openalex.org/W2546856035","https://openalex.org/W3023346641","https://openalex.org/W4212889774","https://openalex.org/W4248548705"],"related_works":["https://openalex.org/W2405857829","https://openalex.org/W2909024759","https://openalex.org/W3201761445","https://openalex.org/W3208440232","https://openalex.org/W649070193","https://openalex.org/W4387382185","https://openalex.org/W2902898608","https://openalex.org/W2102692631","https://openalex.org/W4360785502","https://openalex.org/W224486115"],"abstract_inverted_index":{"To":[0],"deal":[1],"with":[2],"the":[3,22,28,31,35,42,57,61,98],"increasingly":[4],"complex":[5],"financial":[6],"market":[7],"transaction":[8],"scenarios,":[9],"more":[10,12],"and":[11,34,48,68],"sophisticated":[13],"derivatives":[14],"have":[15],"been":[16],"developed.":[17],"One":[18],"of":[19,30,45,60,97],"them":[20],"is":[21,27,108],"Asian":[23,32,46,62],"chooser":[24,36],"option.":[25,37],"It":[26],"combination":[29],"option":[33],"Firstly,":[38],"this":[39,54,80],"article":[40,55,81],"introduces":[41],"basic":[43],"idea":[44],"options":[47],"Chooser":[49,63],"options.":[50],"Combining":[51],"their":[52],"traits,":[53],"divides":[56],"pricing":[58],"model":[59],"Option":[64],"into":[65],"5":[66],"steps":[67],"figure":[69],"out":[70],"its":[71],"analytic":[72,89,106],"solution":[73],"based":[74],"on":[75],"Binomial":[76],"Tree":[77],"Model.":[78],"Then":[79],"uses":[82],"Monte":[83],"Carlo":[84],"Simulation":[85],"to":[86],"validate":[87],"my":[88,105],"solutions":[90],"using":[91],"a":[92],"simple":[93],"example.":[94],"The":[95],"prices":[96],"two":[99],"methods":[100],"are":[101],"similar":[102],"which":[103],"indicates":[104],"result":[107],"reliable.":[109]},"counts_by_year":[],"updated_date":"2026-04-16T08:26:57.006410","created_date":"2025-10-10T00:00:00"}