Options on the Maximum or the Minimum of Several Assets
用一种直观方法扩展了Johnson和Stulz的结果，为多种风险资产的最小值或最大值期权定价，同时为Black-Scholes方程提供新见解。
Using an intuitive approach that also provides new intuition concerning the Black and Scholes equation, this paper extends the results of Johnson and Stulz to the pricing of options on the minimum or the maximum of several risky assets.