Chargement en cours...
No-Arbitrage Principle in Conic Finance
In a one price economy, the Fundamental Theorem of Asset Pricing (FTAP) establishes that no-arbitrage is equivalent to the existence of an equivalent martingale measure. Such an equivalent measure can be derived as the normal unit vector of the hyperplane that separates the attainable gain subspace...
Enregistré dans:
| Auteurs principaux: | , |
|---|---|
| Format: | Artigo |
| Langue: | Inglês |
| Publié: |
MDPI AG
2020-06-01
|
| Collection: | Risks |
| Sujets: | |
| Accès en ligne: | https://www.mdpi.com/2227-9091/8/2/66 |
| Tags: |
Ajouter un tag
Pas de tags, Soyez le premier à ajouter un tag!
|