Volatility

Derivative pricing models like the Black-Scholes model have transformed finance by accurately valuing complex financial instruments.

This article examines the complexities of housing markets, including depreciation, liquidity, and volatility, to understand why housing prices can fluctuate over time.

Explore the complexities of stock market behavior, influenced by irrational exuberance, animal spirits, and information asymmetry, resulting in volatility and uncertainty.