- Article
Pricing European Options under Stochastic Volatility Models: Case of Five-Parameter Variance-Gamma Process
- Aubain Hilaire Nzokem
The paper builds a Variance-Gamma (VG) model with five parameters: location (μ), symmetry (δ), volatility (σ), shape (α), and scale (θ); and studies its application to the pricing of European options. The results of our ana...

