... , T , θ , δ ) denote the Weibull option price of Ko (2025) , and let CV = CV ( δ ) denote the coefficient of variation of the Weibull distribution. Then, the CV-based Vega satisfies Residual value risk Weibull distribution Option pricing Automotive finance Lease...

...Seok Bin Ko This study aims to develop an accurate option pricing model for car leases by introducing a put option valuation framework based on the Weibull distribution. Traditional models typically assume asset values follow a lognormal distribution, failing to capture the left-skewed nature...