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Extensive discussion is provided regarding the way that folklore results such as Merton's no-early-exercise theorem and traditional parities have to be altered in this more versatile framework.<\/jats:p>","DOI":"10.1137\/120884973","type":"journal-article","created":{"date-parts":[[2015,3,3]],"date-time":"2015-03-03T11:06:06Z","timestamp":1425380766000},"page":"140-157","source":"Crossref","is-referenced-by-count":6,"title":["Valuation and Parities for Exchange Options"],"prefix":"10.1137","volume":"6","author":[{"given":"Constantinos","family":"Kardaras","sequence":"first","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"351","published-online":{"date-parts":[[2015,3,3]]},"reference":[{"key":"atypb1","doi-asserted-by":"publisher","DOI":"10.1007\/s00780-011-0155-y"},{"key":"atypb2","unstructured":"S. Biagini, B. Bouchard, C. Kardaras, and M. 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