                                                    687

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34     . 17.       -
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35       . 14  15.

 

	 
 	
 	 
 	 
	 
 	    
 	  
 	  
 	  
 	 
-	 
  	 
  	 
  	  
  	 

 

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   .      :

Robert . Merton, Myron S. Scholes, and Mathew L. Gladstein, The Returns and Risk
of Alternative Call Option Portfolio Investment Strategies, Journal of Business, 51, no. 1
(April 1978), pp. 183-242.

Robert C. Merton, Myron S. Scholes, and Mathew L. Gladstein, The Returns and Risk
of Alternative Put-Option Portfolio Investment Strategies, Journal of Business, 55, no. 1
(January 1982), pp. 1-55.

Aimee Gerberg Ronn and Ehud I. Ronn, The Box Spread Arbitrage Conditions: Theory,
Tests, and Investment Strategies, Review of Financial Studies, 2, no. 1 (1989), pp. 91-107.

        -
  -   :

Robert Neal, A Comparsion of Transaction Costs Between Competitive Market-Maker
and Specialist Structures, Journal of Business, 65, no. 2 (July 1992), pp. 317334.

       -
  :

William F. Sharpe, Investments (Englewood Cliffs, NJ: Prentice Hall, 1978), Chapter 14.