Superposed Ornstein-Uhlenbeck Processes
Auteurs : Julius Esunge University of Mary Washington and Auguste Muhau, Universite Nouveaux HorizonsResume : In this work we present and define the superposed Ornstein-Uhlenbeck processes by following the Barndorff-Nielsen approach. The Black-Scholes model is the most referenced model in financial mathematics, but dueto its limitations, particularly its constant volatility, the Black-Scholes…