Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: A straightforward derivation of the celebrated Black-Scholes Option Pricing model is obtained by solution of a simple constrained minimization of relative entropy. The derivation leads to a natural generalization of it, which is consistent with some evidence from stock index option markets.
['Michael J. Stutzer']
I am writing a research paper on a idea Simple Entropic Derivation of a Generalized Black-Scholes Option Pricing Model
[{"from": "human", "value": "I am writing a research paper on a idea Simple Entropic Derivation of a Generalized Black-Scholes Option Pricing Model"}, {"from": "gpt", "value": "Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: A straightforward derivation of the celebrated Black-Scholes Option Pricing model is obtained by solution of a simple constrained minimization of relative entropy. The derivation leads to a natural generalization of it, which is consistent with some evidence from stock index option markets."}]