Black-Scholes Model: An Analysis of the Influence of Volatility Cornelia Krome University of Wisconsin-Milwaukee Graduate Student "In this thesis the influence of volatility in the Black-Scholes model is analyzed. The deduced Black-Scholes formula estimates the price of European options. Contrary... Read More
Robust and Computationally Efficient Methods for Fitting Loss Models and Pricing Insurance Risks Qian Zhao University of Wisconsin-Milwaukee Graduate Student "Continuous parametric distributions are useful tools for modeling and pricing insurance risks, measuring income inequality in economics, investigating reliability of... Read More
Goodness-of-Fit Testing for Copula-based models with Applications in Atmospheric Science Albert Rapp University of Wisconsin-Milwaukee MS Student "Every elementary probability course discusses how to construct joint distribution functions of independent random variables but joint distribution functions of dependent random variables... Read More
Performance Test of the Pasquill Stability Scheme Hillary Chapman University of Wisconsin-Milwaukee MS Student "In 1961, Frank Pasquill proposed a method for classifying atmospheric stability based on routinely available surface observations – namely wind speed, cloud cover, and the strength... Read More
Optimal Trading Under the American Perpetual Put Option for Geometric Brownian Motion and Mean-Reverting Processes Ines Siebigteroth University of Wisconsin-Milwaukee MS Student "This thesis is focused on the perpetual American put option under the geometric Brownian motion and mean-reverting models.... Read More