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...

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Detalhes bibliográficos
Autor principal: Cruz Rambaud, Salvador
Formato: info:eu-repo/semantics/article
Idioma:English
Publicado em: MDPI 2020
Assuntos:
Acesso em linha:http://hdl.handle.net/10835/7471

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