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Varieties of volatility

Published online by Cambridge University Press:  09 November 2023

Benjamin Lee
Benjamin Lee*
Affiliation:
The New School, USA
*
Corresponding author: Benjamin Lee, The New School, N-66 Fifth Avenue, New York, NY 10011, USA. Email: leeb@newschool.edu
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Abstract

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This article explores the quantitative and qualitative dimensions of volatility and their implications for cultural analysis in a range of fields. From quantitative finance, it takes the notion of ‘delta-hedging’, the suspension or neutralization of directionality to get access to volatility, and applies this to qualitative areas such as surfing, dance, cinema, and language.

Keywords

Volatilitydirectionalitydelta-hedgingBlack-Scholesrhetoricmetaphormetonymy
Type
Article
Information
Finance and Society , Volume 9 , Issue 3: Volatility in finance, art, and culture , 2023 , pp. 37 - 57
Creative Commons
Creative Common License - CCCreative Common License - BYCreative Common License - NCCreative Common License - ND
This is an Open Access article, distributed under the terms of the Creative Commons Attribution-NonCommercial-No Derivatives licence (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits noncommercial re-use, distribution, and reproduction in any medium, provided the original work is unaltered and is properly cited. The written permission of Cambridge University Press must be obtained for commercial re-use or in order to create a derivative work.
Copyright
© 2023 The Author(s)

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