Efficiency Tests of the French Index (CAC 40) Options Market

The Pricing of Options and Corporate Liabilities

Fischer Black, Myron S. Scholes · Journal of Political Economy · 1973 · 29.1K citations

Option Pricing, Liability (Financial Accounting), Asset Pricing +11

A Simple Implicit Measure of the Effective Bid‐Ask Spread in an Efficient Market

Richard Roll · The Journal of Finance · 1984 · 2.8K citations

Empirical Finance, Simple Implicit Measure, Efficient Market +19

Implied Binomial Trees

Mark Rubinstein · The Journal of Finance · 1994 · 1.7K citations

Bayesian Decision Theory, Engineering, Bayesian Econometrics +23

Empirical Performance of Alternative Option Pricing Models

Gurdip Bakshi, Charles Cao, Zhiwu Chen · The Journal of Finance · 1997 · 1.1K citations

Option Pricing, Multivariate Stochastic Volatility, Volatility Modeling +14

Fact and Fantasy in the Use of Options

Fischer Black · Financial Analysts Journal · 1975 · 1.1K citations

Economics, Option Pricing, Choice Model +13