Risk-neutral pricing – Hull and White debate Kenyon and Green

John Hull, Alan White, Chris Kenyon, Andrew Green
06 Oct 2014

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

John Hull and Alan White: Risk neutrality stays
The article written by Chris Kenyon and Andrew Green in the last issue of Risk, Regulatory costs break risk neutrality, is a refreshingly clearly written article, and we agree with much of it. There is certainly not a single risk-neutral measure for all market participants, and never has been. Pre-crisis, commercial and investment banks were regulated differently from each other. The attractiveness of a derivatives transaction to a market

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]