{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,11,22]],"date-time":"2025-11-22T10:34:05Z","timestamp":1763807645260,"version":"3.40.4"},"reference-count":17,"publisher":"Springer Science and Business Media LLC","issue":"1","license":[{"start":{"date-parts":[[2023,5,3]],"date-time":"2023-05-03T00:00:00Z","timestamp":1683072000000},"content-version":"tdm","delay-in-days":0,"URL":"https:\/\/www.springernature.com\/gp\/researchers\/text-and-data-mining"},{"start":{"date-parts":[[2023,5,3]],"date-time":"2023-05-03T00:00:00Z","timestamp":1683072000000},"content-version":"vor","delay-in-days":0,"URL":"https:\/\/www.springernature.com\/gp\/researchers\/text-and-data-mining"}],"content-domain":{"domain":["link.springer.com"],"crossmark-restriction":false},"short-container-title":["Ann Oper Res"],"published-print":{"date-parts":[[2023,7]]},"DOI":"10.1007\/s10479-023-05309-2","type":"journal-article","created":{"date-parts":[[2023,5,3]],"date-time":"2023-05-03T05:01:37Z","timestamp":1683090097000},"page":"281-294","update-policy":"https:\/\/doi.org\/10.1007\/springer_crossmark_policy","source":"Crossref","is-referenced-by-count":1,"title":["Structural credit risk model driven by L\u00e9vy process under knight uncertainty"],"prefix":"10.1007","volume":"326","author":[{"given":"Zhenyu","family":"Tang","sequence":"first","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Bin","family":"Zhong","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Liang","family":"Zhou","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"ORCID":"https:\/\/orcid.org\/0000-0003-2861-5309","authenticated-orcid":false,"given":"Chuanhe","family":"Shen","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"297","published-online":{"date-parts":[[2023,5,3]]},"reference":[{"key":"5309_CR1","doi-asserted-by":"crossref","unstructured":"Applebaum, D. (2009). L\u00e9vy process and stochastic calculus. Cambridge University Press.","DOI":"10.1017\/CBO9780511809781"},{"issue":"3","key":"5309_CR2","doi-asserted-by":"publisher","first-page":"637","DOI":"10.1142\/9789814759588_0001","volume":"81","author":"F Black","year":"1973","unstructured":"Black, F., & Scholes, M. (1973). The pricing of options and corporate liabilities. Journal of Political Economy., 81(3), 637\u2013654. https:\/\/doi.org\/10.1142\/9789814759588_0001","journal-title":"Journal of Political Economy."},{"issue":"4","key":"5309_CR3","doi-asserted-by":"publisher","first-page":"1403","DOI":"10.1111\/1468-0262.00337","volume":"70","author":"ZJ Chen","year":"2002","unstructured":"Chen, Z. J., & Epstein, L. (2002). Ambiguity, risk, and asset returns in continuous time. Econometrica, 70(4), 1403\u20131443. https:\/\/doi.org\/10.1111\/1468-0262.00337","journal-title":"Econometrica"},{"issue":"4","key":"5309_CR4","doi-asserted-by":"publisher","first-page":"643","DOI":"10.2307\/1884324","volume":"75","author":"D Ellsberg","year":"1961","unstructured":"Ellsberg, D. (1961). Risk, ambiguity and the savage axioms. Quarterly Journal of Economics, 75(4), 643\u2013669. https:\/\/doi.org\/10.2307\/1884324","journal-title":"Quarterly Journal of Economics"},{"issue":"2","key":"5309_CR5","doi-asserted-by":"publisher","first-page":"237","DOI":"10.1007\/s007800100058","volume":"6","author":"B Hilberink","year":"2002","unstructured":"Hilberink, B., & Rogers, L. C. G. (2002). Optimal capital structure and endogenous default. Finance and Stochastics, 6(2), 237\u2013263. https:\/\/doi.org\/10.1007\/s007800100058","journal-title":"Finance and Stochastics"},{"issue":"5","key":"5309_CR6","first-page":"554","volume":"12","author":"H Huang","year":"2017","unstructured":"Huang, H., & Wang, X. R. (2017). Option pricing under Knight uncertainty driven by L\u00e9vy process. China Science Paper, 12(5), 554\u2013559.","journal-title":"China Science Paper"},{"issue":"11","key":"5309_CR7","first-page":"81","volume":"31","author":"H Huang","year":"2016","unstructured":"Huang, H., Wang, X. R., Liu, Y. Y., & Li, D. Y. (2016). Deposit insurance pricing for China\u2019s listed banks under Knight uncertainty. Journal of Statistics and Information, 31(11), 81\u201386.","journal-title":"Journal of Statistics and Information"},{"key":"5309_CR8","volume-title":"Risk, Uncertainty, and profit","author":"FH Knight","year":"1921","unstructured":"Knight, F. H. (1921). Risk, Uncertainty, and profit. Houghton Mifflin."},{"key":"5309_CR9","doi-asserted-by":"publisher","unstructured":"Lin, X. J. (2018). A study on the reduced pricing model of credit derivatives swaps based on the L\u00e9vy processes. Southeast University. https:\/\/doi.org\/10.27014\/d.cnki.gdnau.2018.000042.","DOI":"10.27014\/d.cnki.gdnau.2018.000042"},{"key":"5309_CR10","doi-asserted-by":"publisher","unstructured":"Liu, Y. (2020). Empirical research on credit risk of listed companies based on jump diffusion KMV-Logit hybrid model. Zhejiang University. https:\/\/doi.org\/10.27461\/d.cnki.gzjdx.2020.001896.","DOI":"10.27461\/d.cnki.gzjdx.2020.001896"},{"issue":"2","key":"5309_CR11","doi-asserted-by":"publisher","first-page":"195","DOI":"10.1016\/j.orl.2020.02.005","volume":"48","author":"FJ Liu","year":"2020","unstructured":"Liu, F. J., Niu, Y. J., & Zou, Z. T. (2020). Incomplete markets, Knightian uncertainty and high-water marks. Operations Research Letters, 48(2), 195\u2013201. https:\/\/doi.org\/10.1016\/j.orl.2020.02.005","journal-title":"Operations Research Letters"},{"issue":"3","key":"5309_CR12","doi-asserted-by":"publisher","first-page":"281","DOI":"10.1016\/0304-405X(81)90030-1","volume":"9","author":"SP Mason","year":"1981","unstructured":"Mason, S. P., & Bhattacharya, S. (1981). Risky debt, jump process, and safety covenants. Journal of Financial Economics., 9(3), 281\u2013307. https:\/\/doi.org\/10.1016\/0304-405X(81)90030-1","journal-title":"Journal of Financial Economics."},{"issue":"2","key":"5309_CR13","doi-asserted-by":"publisher","first-page":"449","DOI":"10.2307\/2978814","volume":"29","author":"RC Merton","year":"1974","unstructured":"Merton, R. C. (1974). On the pricing of corporate debt: The risk structure of interest rates. The Journal of Finance., 29(2), 449\u2013470. https:\/\/doi.org\/10.2307\/2978814","journal-title":"The Journal of Finance."},{"key":"5309_CR14","unstructured":"Scherer, M. (2005). Efficient pricing routines of credit default swaps in a structural default model with jump. University of Ulm, Working paper."},{"issue":"8","key":"5309_CR15","first-page":"87","volume":"51","author":"Y Shi","year":"2021","unstructured":"Shi, Y. (2021). Option pricing under a stochastic interest rate mixed index jump diffusion model. Mathematics in Practice and Theory., 51(8), 87\u201397.","journal-title":"Mathematics in Practice and Theory."},{"issue":"2","key":"5309_CR16","first-page":"27","volume":"34","author":"SP Xiong","year":"2005","unstructured":"Xiong, S. P. (2005). Pricing option on stocks driven by the L\u00e9vy jump-diffusion process. Journal of Shanghai Normal University (Natural Sciences), 34(2), 27\u201331.","journal-title":"Journal of Shanghai Normal University (Natural Sciences)"},{"issue":"3","key":"5309_CR17","doi-asserted-by":"publisher","first-page":"406","DOI":"10.13451\/j.cnki.shanxi.univ(nat.sci.).2008.03.028","volume":"31","author":"H Xue","year":"2008","unstructured":"Xue, H., & Wang, N. H. (2008). Structural credit risk model driven by L\u00e9vy process. Journal of Shanxi University (Natural Science Edition)., 31(3), 406\u2013409. https:\/\/doi.org\/10.13451\/j.cnki.shanxi.univ(nat.sci.).2008.03.028","journal-title":"Journal of Shanxi University (Natural Science Edition)."}],"container-title":["Annals of Operations Research"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/link.springer.com\/content\/pdf\/10.1007\/s10479-023-05309-2.pdf","content-type":"application\/pdf","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/link.springer.com\/article\/10.1007\/s10479-023-05309-2\/fulltext.html","content-type":"text\/html","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/link.springer.com\/content\/pdf\/10.1007\/s10479-023-05309-2.pdf","content-type":"application\/pdf","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2025,4,9]],"date-time":"2025-04-09T04:10:12Z","timestamp":1744171812000},"score":1,"resource":{"primary":{"URL":"https:\/\/link.springer.com\/10.1007\/s10479-023-05309-2"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2023,5,3]]},"references-count":17,"journal-issue":{"issue":"1","published-print":{"date-parts":[[2023,7]]}},"alternative-id":["5309"],"URL":"https:\/\/doi.org\/10.1007\/s10479-023-05309-2","relation":{},"ISSN":["0254-5330","1572-9338"],"issn-type":[{"type":"print","value":"0254-5330"},{"type":"electronic","value":"1572-9338"}],"subject":[],"published":{"date-parts":[[2023,5,3]]},"assertion":[{"value":"20 March 2023","order":1,"name":"accepted","label":"Accepted","group":{"name":"ArticleHistory","label":"Article History"}},{"value":"3 May 2023","order":2,"name":"first_online","label":"First Online","group":{"name":"ArticleHistory","label":"Article History"}}]}}