In this issue

Abstract

The following document contains the 33rd issue of the Journal of Economics, Finance and Administrative Science (JEFAS). This time, we are pleased to print the current issue with one of the most prestigious editorials worldwide: “Elsevier Editorial”. Becoming part of the database of Elsevier means our purpose to fit in the best databases for scientific journals as well as hit the best impact factor for journals. The first paper “Pricing Asian power options under jump-fraction process” presents a framework for pricing Asian power options when the underlying asset follows a jump-fraction process. The authors here show that the proposed technique is computationally efficient and dramatically improves the accuracy of the simulated price.

DOI: https://doi.org/10.1016/S2077-1886(12)70001-X