Optimal stopping of Levy processes<BR>

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Alexander A.Novikov<BR>
University of Technology, Sydney, Australia<BR>


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Abstract: <BR>
We present some  new results and discuss connections with classical
results on explicit solutions for pricing of perpetual options 
under Levy
models. The methods used are based on  measure transformations and
fluctuation identities for Levy processes.


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Joint work with Albert N.Shiryaev (Steklov Mathematical Institute,
Moscow, Russia)<BR>