Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 1, 2017 erstellt
Beschreibung:
In this paper we develop robust and model-free upper bounds for American put option prices. Our bounds have all of those appealing features of the upper bounds for European options provided in DeMarzo et al. (2016) but cover much more popular derivatives in practice. Numerical results demonstrate that our results are empirically meaningful