It takes the average reader 3 hours and 43 minutes to read The Black-Scholes-Merton Model as an Idealization of Discrete-time Economies by David M. Kreps
Assuming a reading speed of 250 words per minute. Learn more
"I began this monograph (which, at the time, was a nascent paper) with the objective of understandinghow and how well continuous-time models of economic phenomena - and in particular models that employ Brownian motion - relate to "near by" discrete-time models. We know by examples that the connections are sometimes not altogether obvious; see, for instance, Fudenberg and Levine (2009) and Sadzik and Stacchetti (2015). So, it seemed to me, a general theory connecting the two types of models ought to be available"--
The Black-Scholes-Merton Model as an Idealization of Discrete-time Economies by David M. Kreps is 217 pages long, and a total of 55,769 words.
This makes it 73% the length of the average book. It also has 68% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 5 hours and 4 minutes to read The Black-Scholes-Merton Model as an Idealization of Discrete-time Economies aloud.
The Black-Scholes-Merton Model as an Idealization of Discrete-time Economies is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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