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Financial Options Pricing: A Bibliometric Study and Cluster Analysis of Global Research Trends

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  • Sara Ali Alokley

    (Department of Finance, School of Business, King Faisal University, Al-Ahsa 31982, Saudi Arabia)

Abstract

This study presents a bibliometric analysis of the literature on financial options pricing. This study examined 1713 peer-reviewed journal articles published between January 2002 and January 2023. The literature on options pricing was analyzed using bibliometric methodologies and analysis techniques such as co-citation, citation networks, content, publication and keywords trends. The contribution of this study to the literature on options pricing lies in enhancing the understanding of the field by proposing ten clusters. These clusters will help investors, policymakers and researchers gain deeper insights on the topic and the research gaps and are crucial for the investment financial communities in light of institutions’ and society’s rising reliance on financial derivatives.

Suggested Citation

  • Sara Ali Alokley, 2025. "Financial Options Pricing: A Bibliometric Study and Cluster Analysis of Global Research Trends," JRFM, MDPI, vol. 18(9), pages 1-18, September.
    • Handle: RePEc:gam:jjrfmx:v:18:y:2025:i:9:p:513-:d:1750163
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    References listed on IDEAS

    as
    1. Carr, Peter & Wu, Liuren, 2004. "Time-changed Levy processes and option pricing," Journal of Financial Economics, Elsevier, vol. 71(1), pages 113-141, January.
    2. Yasmeen Ansari & Mansour Saleh Albarrak & Noorjahan Sherfudeen & Arfia Aman, 2022. "A Study of Financial Literacy of Investors—A Bibliometric Analysis," IJFS, MDPI, vol. 10(2), pages 1-16, May.
    3. M. Broadie & Y. Yamamoto, 2005. "A Double-Exponential Fast Gauss Transform Algorithm for Pricing Discrete Path-Dependent Options," Operations Research, INFORMS, vol. 53(5), pages 764-779, October.
    4. Black, Fischer & Scholes, Myron S, 1973. "The Pricing of Options and Corporate Liabilities," Journal of Political Economy, University of Chicago Press, vol. 81(3), pages 637-654, May-June.
    5. repec:eme:mfppss:mf-06-2019-0277 is not listed on IDEAS
    6. H. Kent Baker & Satish Kumar & Nitesh Pandey, 2020. "A bibliometric analysis of European Financial Managementʼs first 25 years," European Financial Management, European Financial Management Association, vol. 26(5), pages 1224-1260, November.
    7. Sabri Boubaker & John Goodell & Satish Kumar & Riya Sureka, 2023. "COVID-19 and finance scholarship: A systematic and bibliometric analysis," Post-Print hal-04874293, HAL.
    8. Cox, John C. & Ross, Stephen A. & Rubinstein, Mark, 1979. "Option pricing: A simplified approach," Journal of Financial Economics, Elsevier, vol. 7(3), pages 229-263, September.
    9. Boubaker, Sabri & Goodell, John W. & Kumar, Satish & Sureka, Riya, 2023. "COVID-19 and finance scholarship: A systematic and bibliometric analysis," International Review of Financial Analysis, Elsevier, vol. 85(C).
    10. Mark Broadie & Yusaku Yamamoto, 2003. "Application of the Fast Gauss Transform to Option Pricing," Management Science, INFORMS, vol. 49(8), pages 1071-1088, August.
    Full references (including those not matched with items on IDEAS)

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