Back to matchesWe found a matchYour institution may have rights to this item. Sign in to continue.TitleNontraded asset valuation with portfolio constraints: a binomial approach.AuthorsDetemple, J; Detemple, Jerome; Sundaresan, S; Sundaresan, SureshAbstractProvides a binomial framework to value American-style derivatives subject to trading restrictions. Applications to executive stock options; Analysis of nontraded payoffs based on a price imperfectly correlated with the price of a traded asset.SubjectsDERIVATIVE securities; STOCK optionsPublicationReview of Financial Studies, 1999, Vol 12, Issue 4ISSN0893-9454Publication typeArticle