A new methodology to estimate constant elasticity of variance

Document Type : Research Paper


1 Faculty of Mathematical Sciences, University of Tabriz, Tabriz, Iran.

2 Department of Electrical Engineering, Lorestan University, Khoramabad, Lorestan, Iran.


This paper introduces a novel method for estimation of the parameters of the constant elasticity of variance model. To do this, the likelihood function will be constructed based on the approximate density function. Then, to estimate the parameters, some optimization algorithms will be applied.


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Volume 9, Issue 4
October 2021
Pages 1059-1068
  • Receive Date: 25 May 2018
  • Revise Date: 25 August 2020
  • Accept Date: 05 September 2020
  • First Publish Date: 02 January 2021