Trent University Graduate Thesis Collection

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    Copyright for all items in the Trent University Graduate Thesis Collection is held by the author, with all rights reserved, unless otherwise noted.
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    The Application of One-factor Models for Prices of Crops and Option Pricing Process

    Year: 2016, 2016
    Member of: Trent University Graduate Thesis Collection
    Name(s): Creator (cre): Xu, Mengxi, Thesis advisor (ths): Abdella, Kenzu, Thesis advisor (ths): Pollanen, Marco, Degree granting institution (dgg): Trent University
    Abstract: <p>This thesis is intended to support dependent-on-crops farmers to hedge the price risks of their crops. Firstly, we applied one-factor model, which incorporated a deterministic function and a stochastic process, to predict the future prices of crops (soybean). A discrete form was employed for one-month-ahead prediction. For general prediction, de-trending and de-cyclicality were used to… more