Shows
ModellansatzEnergy MarketsGudrun Talks to Sema Coşkun who at the moment of the conversation in 2018 is a Post Doc researcher at the University Kaiserslautern in the group of financial mathematics. She constructs models for the behaviour of energy markets. In short the conversation covers the questions How are classical markets modelled? In which way are energy markets different and need new ideas? The seminal work of Black and Scholes (1973) established the modern financial theory. In a Black-Scholes setting, it is assumed that the stock price follows a Geometric Brownian Motion with a constant drift and constant v...2018-12-211h 05