Talk:Jump process
 | This article is rated Stub-class on Wikipedia's content assessment scale. It is of interest to the following WikiProjects: | ||||||||||
| |||||||||||
CRR is a Jump Process?!?
[edit]I disagree with the characterization of the CRR model as a Jump process. CRR is merely a discrete-time analog to the continuous time Black-Scholes model. Jump processes involve distributions that are distinctly non-Gaussian, unlike both BS and CRR with deal with Gaussian stock movements and constant volatility. Jump processes are related to stochastic volatiltiy models, not BS and CRR. Am I missing something? Ronnotel 22:23, 18 June 2007 (UTC)