讲座主题：The Valuation of Contract Deposit and Purchase Price

　　主讲人：张大成

　　讲座时间：12月25日(周二)上午10:00-11:30

　　讲座地点：yL23411永利官网登录A204

　　主办单位：yL23411永利官网登录世界经济系

　　主持人：张天顶

　　讲座摘要：This paper evaluates the deposit and purchase pricing of purchase contracts in a risk neutral framework. First, we determine the fair deposit price of a single-installment purchase contract based on theoretical modeling and numerical analysis. Second, the buyer’s threshold pricing in dual-installment and multi-installment contracts are investigated under the framework of compound options. Lastly, the pricing behavior of deposits and purchases are further analyzed using a simultaneous- equations modeling framework.

　　主讲人简介：张大成，东吴大学国际经营与贸易学系暨研究所教授、博士生导师、研究方向为金融机构风险管理、市场风险管理、信用风险管理、巴赛尔资本协定、财务工程、衍生性金融商品、选择权定价、结构型商品、Excel 与财务金融、Excel 与财务工程等。在Accounting and Finance Research、Asia-Pacific Journal of Accounting & Economics、Journal of International Business and Economics、经济研究、管理评论等权威期刊发表论文20多篇、在核心期刊上发表论文四十多篇。