Finance and Economics after the Dotcom Crash
Thu, 03 Jan 2002 00:22:13 -0600
Dave Long wrote:
> Does traditional
> accounting even work well for options or
> other such instruments?
On a quasi-related front, does anyone know of any analytical summaries available
which compare Black-Schols valuations for technology derivatives against actual
performance before, during, and after the bubble cycle?
It would be interesting to see how far diverged from the model actual price
behavior was, and how that divergence evolved as we flipped the bit from overly
optimistic to overly pessimistic.