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Paper detail

Dynkin Games and Israeli Options

We start briefly surveying research on optimal stopping games since their introduction by E.B.Dynkin more than 40 years ago. Recent renewed interest to dynkin's games is due, in particular, to the study of Israeli (game) options introduced in 2000. We discuss the work on these options and related derivative securities for the last decade. Among various results on game options we consider error estimates for their discrete approximations, swing game options, game options in markets with transaction costs and other questions.

preprint2012arXivOpen access
Yuri Kifer
q-fin.PRmath.PR
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Yuri Kifer

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