Algebraic Properties of Arbitrage: An Application to Additivity of Discount Functions
Background: This paper aims to characterize the absence of arbitrage in the context of the Arbitrage Theory proposed by Kreps (1981) and Clark (2000) which involves a certain number of well-known financial markets. More specifically, the framework of this model is a linear (topological) space X in w...
| Príomhchruthaitheoir: | |
|---|---|
| Formáid: | info:eu-repo/semantics/article |
| Teanga: | English |
| Foilsithe / Cruthaithe: |
MDPI
2020
|
| Ábhair: | |
| Rochtain ar líne: | http://hdl.handle.net/10835/7471 |