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...
| Հիմնական հեղինակ: | |
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| Ձևաչափ: | info:eu-repo/semantics/article |
| Լեզու: | English |
| Հրապարակվել է: |
MDPI
2020
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| Խորագրեր: | |
| Առցանց հասանելիություն: | http://hdl.handle.net/10835/7471 |