A reduced form model for ESO valuation. Modelling the effects of employee departure and takeovers on the value of employee share options
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Publication:1880265
DOI10.1007/s001860300320zbMath1083.91058MaRDI QIDQ1880265
Publication date: 22 September 2004
Published in: Mathematical Methods of Operations Research (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1007/s001860300320
Cox process; Employee departure; Employee share option; Performance linked options; Takeover provisions
60G40: Stopping times; optimal stopping problems; gambling theory
60G44: Martingales with continuous parameter
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