A Structural Credit Risk Model with Jumps Based on Uncertainty Theory

This study, within the framework of uncertainty theory, employs an uncertain differential equation with jumps to model the asset value process of a company, establishing a structured model of uncertain credit risk that incorporates jumps. This model is applied to the pricing of two types of credit d...

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Bibliographic Details
Main Authors: Hong Huang, Meihua Jiang, Yufu Ning, Shuai Wang
Format: Article
Language:English
Published: MDPI AG 2025-03-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/13/6/897
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