Game options and markets with frictions

Peter Bank from the TU Berlin and Peter Imkeller from the Humboldt University of Berlin conduct a more abstract type of market research. In their Einstein research project “Game options and markets with frictions,” the two respected financial mathematicians will examine contracts that can be terminated by the buyer and seller at any time up to a certain point in time, thereby reducing the risks in transactions. They are collaborating with Yuri Kifer, who created this contract concept, and Yan Dolinsky from the Hebrew University of Jerusalem.

Funding period: 09/2013 - 09/2016

Prof. Dr. Peter Bank
Professor of Mathematical Finance
Technische Universität Berlin
Institut für Mathematik, Sekr. MA 7-1
Straße des 17. Juni 136
10623 Berlin 
Phone: 030/ 314 228 16