例文
- An initial lattice structure is used to generate a Watts Strogatz model.
- The initial lattice is built by discretizing either a short-rate model, such as Hull-White or Black Derman Toy, or a forward rate-based model, such as the LIBOR market model or HJM . As for equity, trinomial trees may also be employed for these models; this is usually the case for Hull-White trees.