| Original language | English |
|---|---|
| Title of host publication | Encyclopedia of Quantitative Finance |
| Editors | Rama Cont |
| Publisher | John Wiley & Sons Ltd |
| ISBN (Print) | 9780470061602 |
| DOIs | |
| Publication status | Published - 2010 |
Abstract
Duration models appear when studying the moment in time that certain events occur. Next to general applications in economics and medical sciences, their financial applications are in the more specific field of market microstructure (transaction times of assets or derivatives in a given market), and also in corporate governance (tenure of management).