The Relationship Between the Chen Model and Entity-Relationship Model
What is the Chen Model?
Lin Chen was a financial economist as well an environmental economist who was a professor at three major universities, those are, American University, Nanyang Tech University, Yonsei University at Singapore. In 1994 he published a paper on stochastic volatility, making the Chen model one of the first stochastic volatility or stochastic mean models. Like the Vasicek Model and the Hull-White model, the Chen model is also used to chart the evolution of different interest rates. The difference being that the interest rates in this model are described by three market sources. This model, while it is simple, requires a lot of accurate detail which is why it is important for find a reliable source for Chen Model homework help.
To understand how this model operates you must understand stochastic mean and stochastic volatility.
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What is the Entity-Relationship Model?
The Chen Model is often confused with the Entity-Relationship Model because this model was created by a man named Peter Chen in 1976. His model describes specific relationships that exist between various entity types. When you search for Chen Model homework help, be sure to go through it first to check that you’ve got the right material before proceeding to study it.
How to study the Chen Model
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