英文文献：A Numerical Quadrature Approach to Option Valuation in Water Markets
英文文献作者：Villinski, Michele T.
英文文献摘要：
The standard Black-Scholes approach to option valuation becomes cumbersome and may fail to yield a solution when applied to non-standard options such as those emerging in water markets. An alternative tool, numerical quadrature, avoids some restrictive assumptions of the BlackScholes framework and can more easily price options with complex structures.