Write a 15- to 20-page Literature Review that captures relevant theories and empirical research leading to a significant research topic, problem, and research question(s). Approach your topic as though you were arguing for funding that might support a vital new step in understanding alternatives to conventional asset valuation models. Although you do not have to actually design a study to the point of specifying research measures of valuation of assets, entities, and opportunities or specify samples, try to evolve your thinking to the point of framing a relevant research topic, problem and question(s) on which your proposed research would be focused. This question should be complete enough to suggest why the answers further develop an important theory, address a gap in a current model of option pricing, or demonstrate an immediate application for solving common option pricing problems. Rather than attempting to include as many references as possible, try to emphasize the logical coherence of your evidence of conceptual foundations. Build a rhetorical argument for why your research problem and question(s) are important. An obvious extension of your paper would be to use it as a springboard for a dissertation proposal. Your paper could also be useful for potential use in the development of Chapter 2 of your Proposal/Dissertation.
Your literature review should include the following elements:
Adherence to APA format (6th edition), which requires a title page, an abstract, a reference list, and appropriate sections and their headings
A thorough review of the literature that shows evidence of a potential research opportunity/gap
Presentation of a clearly defined gap in the research, with a focus on what has and has not been discussed in the academic literature
The definition of a viable topic for dissertation research (using the aforementioned identified gap as a basis)
A draft problem statement included in your conclusion section
At least one research question that is demonstrably linked to your problem statement. You do not need to address any hypotheses or design considerations and should include this question in your conclusion section.