This study is the first to assess the combined significance of the English-language newspapers of China, Japan and Korea in the period 1918-45. It not only frames the English-language press networks in the international media history of East Asia but also relates them to media developments in the 'British world' linking Fleet Street to the Empire and Dominions, and to the rise of the United States as a broker of international opinion on and in the Asia-Pacific. The English-language newspapers occupied a narrow but significant segment of the public sphere in East Asia in the inter-war years.As...

The Black-Scholes model was a revelation and took a large step forward in terms of mathematical application in quantitative finance. An empirical trait is that the model has generally been used by practitioners in an ad-hoc fashion. This may explain why actual option prices have rarely converged to respective Black-Scholes estimates. Empirical options research has highlighted systematic biases within the model and has attempted to correct for these by proposing models that offer greater consistency in both internal processes and pricing performance. In this thesis, we explore the...