Analyzing Mortgage Borrower Decision Behavior and Option Value by House Price and Interest Rate Diffusion Models
碩士 === 國立高雄第一科技大學 === 風險管理與保險所 === 96 === Because of the mortgage data is difficult to get. We use Monte Carlo simulation to simulate the future price of the house and the path of the interest rate. Meanwhile, we use the basis of Ambrose and Buttimer (2000) of the mortgage-pricing model (using the b...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2008
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| Online Access: | http://ndltd.ncl.edu.tw/handle/u4hcr7 |