约翰·考克斯-详解.docx

约翰·考克斯-详解
 
   
 
 
 
 
 
 
 
     
 
 
 
 
 
(重定向自考克斯)
本条目包含过多不是中文的内容，欢迎协助翻译。
若已有相当内容译为中文，可迳自去除   
 
   
约翰·考克斯-详解
 
   
 
 
 
 
 
 
 
     
 
 
 
 
 
(重定向自考克斯)
本条目包含过多不是中文的内容，欢迎协助翻译。
若已有相当内容译为中文，可迳自去除本模板。
约翰·考克斯(John Carrington Cox)
约翰·考克斯(John Carrington Cox)——美国著名金融学家、CIR模型、二项期权定价模型的提出者
目录
1 John Carrington Cox
2 Work
3 约翰·考克斯的理论
John Carrington Cox
　　John Carrington Cox is the Nomura Professor of Finance at the MIT Sloan School of Management. He is one of the world's leading experts on options theory and one of the inventors of the Cox-Ross-Rubinstein model for option pricing, as well as of the Cox-Ingersoll-Ross model for interest rate dynamics.
Work
　　A leading authority on corporate finance and finance theory, John Cox has developed an intertemporal financial model broad enough to include the fundamental underlying forces affecting financial markets. Using this framework, he has devised a theory of the term structure of interest rates. His bond pricing model is widely used on Wall Street. In the field of contingent claims, Cox has examined the foundations of option valuation. His principle of risk-neutral valuation has become an essential feature of subsequent work on derivatives.
　　Cox has also developed a simple numerical scheme for valuing American options that is used by most firms dealing in equity der