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The Binomial Option Pricing Model Is a Discrete Time Model

question 56

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The binomial option pricing model is a discrete time model.


Definitions:

Imprinting

A rapid learning process occurring early in the life of a social animal, where it forms an attachment to a particular object or organism.

Goslings

Young geese; in a developmental context, the term often illustrates principles of imprinting and early learning.

Ducklings

Ducklings are the young of ducks; in psychology, they are often used in imprinting studies, which show how they can form attachments during a critical period early in life.

Blisspoint

The free operant level of two responses.

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