English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Plus monthly

Global: Zendy Tools annual

Global: Zendy Tools monthly

Global: Zendy Free Plan

In this paper an improved Cuckoo Search Algorithm is developed to allow foran efficient and robust calibration of the Heston option pricing model forAmerican options. Calibration of stochastic volatility models like the Hestonis significantly harder than classical option pricing models as more parametershave to be estimated. The difficult task of calibrating one of these models toAmerican Put options data is the main objective of this paper. Numericalresults are shown to substantiate the suitability of the chosen method totackle this problem.

Efficient and robust calibration of the Heston option pricing model for American options using an improved Cuckoo Search Algorithm