The Journal of Finance publishes leading research across all the major fields of finance. It is one of the most widely cited journals in academic finance, and in all of economics. Each of the six issues per year reaches over 8,000 academics, finance professionals, libraries, and government and financial institutions around the world. The journal is the official publication of The American Finance Association, the premier academic organization devoted to the study and promotion of knowledge about financial economics.
AFA members can log in to view full-text articles below.
View past issues
Search the Journal of Finance:
Search results: 8.
General Properties of Option Prices
Published: 12/1996, Volume: 51, Issue: 5 | DOI: 10.1111/j.1540-6261.1996.tb05218.x | Cited by: 154
YAACOV Z. BERGMAN, BRUCE D. GRUNDY, ZVI WIENER
When the underlying price process is a one‐dimensional diffusion, as well as in certain restricted stochastic volatility settings, a contingent claim's delta is bounded by the infimum and supremum of its delta at maturity. Further, if the claim's payoff is convex (concave), the claim's price is a convex (concave) function of the underlying asset's value. However, when volatility is less specialized, or when the underlying process is discontinuous or non‐Markovian, a call's price can be a decreasing, concave function of the underlying price over some range, increasing with the passage of time, and decreasing in the level of interest rates.
Warning: Undefined array key "abstract" in
/var/www/wordpress/wp-content/themes/twentyseventeen-child/template-parts/page/jf-content-page.php on line
449
DISCUSSION
Published: 5/1983, Volume: 38, Issue: 2 | DOI: 10.1111/j.1540-6261.1983.tb02264.x | Cited by: 1
ZVI BODIE
Warning: Undefined array key "abstract" in
/var/www/wordpress/wp-content/themes/twentyseventeen-child/template-parts/page/jf-content-page.php on line
449
COMMON STOCKS AS A HEDGE AGAINST INFLATION
Published: 5/1976, Volume: 31, Issue: 2 | DOI: 10.1111/j.1540-6261.1976.tb01899.x | Cited by: 464
Zvi Bodie
Warning: Undefined array key "abstract" in
/var/www/wordpress/wp-content/themes/twentyseventeen-child/template-parts/page/jf-content-page.php on line
449
A MODEL FOR THE INTEGRATION OF CREDIT AND INVENTORY MANAGEMENT
Published: 3/1974, Volume: 29, Issue: 1 | DOI: 10.1111/j.1540-6261.1974.tb00029.x | Cited by: 50
Michael Schiff, Zvi Lieber
Warning: Undefined array key "abstract" in
/var/www/wordpress/wp-content/themes/twentyseventeen-child/template-parts/page/jf-content-page.php on line
449
Future Investment Opportunities and the Value of the Call Provision on a Bond: Reply
Published: 9/1980, Volume: 35, Issue: 4 | DOI: 10.1111/j.1540-6261.1980.tb03524.x | Cited by: 2
ZVI BODIE, ROBERT A. TAGGART
Warning: Undefined array key "abstract" in
/var/www/wordpress/wp-content/themes/twentyseventeen-child/template-parts/page/jf-content-page.php on line
449
FUTURE INVESTMENT OPPORTUNITIES AND THE VALUE OF THE CALL PROVISION ON A BOND
Published: 9/1978, Volume: 33, Issue: 4 | DOI: 10.1111/j.1540-6261.1978.tb02056.x | Cited by: 110
Zvi Bodie, Robert A. Taggart
Warning: Undefined array key "abstract" in
/var/www/wordpress/wp-content/themes/twentyseventeen-child/template-parts/page/jf-content-page.php on line
449
Portfolio Selection in a “Winner‐Take‐All” Environment
Published: 3/1979, Volume: 34, Issue: 1 | DOI: 10.1111/j.1540-6261.1979.tb02082.x | Cited by: 0
PAUL D. BERGER, ZVI BODIE
Warning: Undefined array key "abstract" in
/var/www/wordpress/wp-content/themes/twentyseventeen-child/template-parts/page/jf-content-page.php on line
449
VALUATION, OPTIMUM INVESTMENT AND FINANCING FOR THE FIRM SUBJECT TO REGULATION
Published: 5/1975, Volume: 30, Issue: 2 | DOI: 10.1111/j.1540-6261.1975.tb01819.x | Cited by: 1
Franco Modigliani, Edwin J. Elton, Martin J. Gruber, Zvi Lieber