Abstract
We present a new model of stopping times and American options. In so doing, we solve a free-boundary problem.
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Alghalith, M. A New Stopping Time Model: A Solution to a Free-Boundary Problem. J Optim Theory Appl 152, 265–270 (2012). https://doi.org/10.1007/s10957-011-9887-2
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DOI: https://doi.org/10.1007/s10957-011-9887-2