Call for papersThe 2026 special issue on Climate & Health is open for submissions.Learn more
Journal of Mathematical Finance (JMF) aims at presenting the latest developments in pure and applied financial mathematics. It considers important theoretical, empirical and review papers. All manuscripts must be prepared in English and are subject to a rigorous and fair peer-review process. Generally, accepted papers…
Elaine Yongshi Jie, Yue Ma
This paper contributes to the theoretical literature by analyzing the relationship between changes in sparsity and their impacts on financial networks with incomplete and random core-periphery structures, which are widely studied in finance. Sparsity, which m…
Elaine Yongshi Jie, Yue Ma
This paper theoretically investigates network sparsity and its impact. We focus on a specific topology of the network, i.e. , the network with core-periphery structures, which is a widely studied financial network structure. It is crucial to understand how ch…
Patrice Gélinas
Traditional discounted cash flow (DCF) models often fail to capture the full value of a business. This is often noticeable when firms sell at unexpected premiums. The discounted cash flow model introduced by Gélinas [1] addresses this gap by incorporating the…
Nicholas Simon Gonchar
The aim of the paper is to establish the conditions under which the sustainable development of the economy takes place. The main hypothesis is the principle of correspondence, which means that the same relations that determine the sustainable development of t…
Finn Schøler
We aim to provide practical and useful guidance for including discount for lack of marketability (DLOM) as part of precise, true and fair Private Equity (PE) valuation. The present accounting regulation on fair value measurement for PE prescribes use of exit…
Shreeyans Dhamane
A systematic withdrawal plan refers to monthly withdrawals from an appreciating fund, especially to provide retirement income. This study proposes a stochastic algorithm that outputs the initial amount required to sustain a systematic withdrawal plan for a ta…
Du Du
We analyze the financial and welfare implications of corporate control frictions. Our dynamic stochastic model features control-ownership wedge where outside investors have imperfect control over the decisions of their firm, and a rich opportunity set availab…
Deodat Emilson Adenutsi
The advent of digital currencies, including cryptocurrencies and Central Bank Digital Currencies (CBDCs), presents new challenges and opportunities in the financial landscape. This study addresses the gap in economic theory regarding digital currencies by pro…
Miwaka Yamashita
This study investigates several pooling risk sharing schemes and the measurement of their pool quality as peer to peer (P2P) insurance platforms. The P2P insurance is an emerging and growing insurance scheme that helps each other compensate the pool’s total l…
Angbonon Eugene Kamalan, Thiedje Omer Kouakou, Kouakou Romaric Kouame
This article analyses the agency relationship between the State (the social insurer) and the insured in the context of a public health insurance system designed to optimise social expenditure on reimbursement while making the insured more responsible. This pu…
No articles in this issue.
Journal of Mathematical Finance (JMF) aims at presenting the latest developments in pure and applied financial mathematics. It considers important theoretical, empirical and review papers. All manuscripts must be prepared in English and are subject to a rigorous and fair peer-review process. Generally, accepted papers… All articles are open access under a CC BY 4.0 licence, with authors retaining copyright.
Authors submit their manuscript, metadata, and declarations through the portal. There is no submission fee.
The editorial office screens the manuscript for scope, completeness, and formatting before assigning a handling editor.
At least two independent reviewers evaluate the manuscript under single-blind review. Where revisions are required, authors respond point by point.
On acceptance the article processing charge is invoiced and the CC BY 4.0 copyright handover is signed.
The article is copyedited, typeset, and given a DOI, then publishes open access with a permanent link.
Manuscripts must be original and not under consideration elsewhere. Submit in Microsoft Word or LaTeX with figures at 300 dpi minimum. Structure research articles as Abstract, Introduction, Methods, Results, Discussion, and References.
Use the journal's numbered (Vancouver) reference style. Cite sources consecutively in the order they appear, and ensure every reference is complete and retrievable.
Declare all funding sources, conflicts of interest, and ethical approvals (including informed consent and animal-care statements where applicable).