{"entities":{"Q2923401":{"pageid":2934121,"ns":120,"title":"Item:Q2923401","lastrevid":52111319,"modified":"2026-01-20T23:16:25Z","type":"item","id":"Q2923401","labels":{"en":{"language":"en","value":"The multivariate Black \\& Scholes market: conditions for completeness and no-arbitrage"}},"descriptions":{"en":{"language":"en","value":"scientific article; zbMATH DE number 6356222"}},"aliases":{},"claims":{"P31":[{"mainsnak":{"snaktype":"value","property":"P31","hash":"fd5912e4dab4b881a8eb0eb27e7893fef55176ad","datavalue":{"value":{"entity-type":"item","numeric-id":56887,"id":"Q56887"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2923401$29719E72-841A-4144-9778-31B83565299D","rank":"normal"}],"P225":[{"mainsnak":{"snaktype":"value","property":"P225","hash":"e0f8fa89cbb21b2898a717a3db00f33c50e24280","datavalue":{"value":"1304.91215","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2923401$D244AF5F-96B8-4CB7-91C1-A8D8715B5FED","rank":"normal"}],"P27":[{"mainsnak":{"snaktype":"value","property":"P27","hash":"22a59330c9c6c2a3d2a25d9e7cb868790990fc39","datavalue":{"value":"10.1090/S0094-9000-2014-00920-5","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2923401$F44FC32A-C9A0-42A7-A136-7B407010215F","rank":"normal"}],"P16":[{"mainsnak":{"snaktype":"value","property":"P16","hash":"ddb44d5cf7dfdd63c6c17e4a70227ed1c4f76c42","datavalue":{"value":{"entity-type":"item","numeric-id":201405,"id":"Q201405"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2923401$0F50FD42-AC95-420A-A1D1-7EBEAF0A14AD","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P16","hash":"aa35f45d412a7d07502fe925ddd554e57084766c","datavalue":{"value":{"entity-type":"item","numeric-id":188395,"id":"Q188395"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2923401$C1D7B6C6-3AA3-4F09-BA49-654E29457200","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P16","hash":"f3f00d876e6623fee58ffeb08424310f878d18a7","datavalue":{"value":{"entity-type":"item","numeric-id":414598,"id":"Q414598"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2923401$7008D18F-3864-47E7-834B-B1881C6E9FCF","rank":"normal"}],"P200":[{"mainsnak":{"snaktype":"value","property":"P200","hash":"588f8ca8af56fd3198efb74cea2293d6b3821b44","datavalue":{"value":{"entity-type":"item","numeric-id":2786935,"id":"Q2786935"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2923401$C7BE34E4-7459-459F-AC3E-05D1F0A047CF","rank":"normal"}],"P28":[{"mainsnak":{"snaktype":"value","property":"P28","hash":"4f1275091ce559d46cc515623c1cdc4ddb8cbc05","datavalue":{"value":{"time":"+2014-10-15T00:00:00Z","timezone":0,"before":0,"after":0,"precision":11,"calendarmodel":"http://www.wikidata.org/entity/Q1985727"},"type":"time"},"datatype":"time"},"type":"statement","id":"Q2923401$87069237-982E-413E-8575-E6B773878088","rank":"normal"}],"P226":[{"mainsnak":{"snaktype":"value","property":"P226","hash":"82cd6ba3de809c77ad4ab5a51dd4d14c3b158a01","datavalue":{"value":"91G20","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2923401$79986A6E-CCB5-4521-A3CD-59FDE4E0E9F7","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P226","hash":"b1355fbb4f7dce5b1a2a667a659d4b16ecef07e4","datavalue":{"value":"60H10","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2923401$D28232E7-2820-47D6-9A56-D442C6E60FC7","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P226","hash":"2823797a7ed5886f5555bd10af24fd0d7821c4f3","datavalue":{"value":"60J60","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2923401$4D3D1568-7953-4AE8-98B8-8FE569E5C42A","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P226","hash":"b0e497fa25972a5e8a0353b17744210646653683","datavalue":{"value":"91B24","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2923401$98774465-7A62-4D79-B841-9F2053CB7459","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P226","hash":"3b27a9dd329983c5b25a374d752bed299934c73d","datavalue":{"value":"60J65","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2923401$DE0A8C18-436E-473C-9067-0860969C43CD","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P226","hash":"a97d5757b1183397440f4e60f65937024d52f933","datavalue":{"value":"91B25","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2923401$87683555-3EAB-4C97-B817-77819E2CE542","rank":"normal"}],"P1451":[{"mainsnak":{"snaktype":"value","property":"P1451","hash":"f3e6141c207658a74ea4bdd3ac161ed32eab67af","datavalue":{"value":"6356222","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2923401$6F062B85-F8E1-4387-A636-14B842FF0CC3","rank":"normal"}],"P1450":[{"mainsnak":{"snaktype":"value","property":"P1450","hash":"bbee39a48d65603847b3758278a720391fb8221d","datavalue":{"value":"Black and Scholes model","type":"string"},"datatype":"string"},"type":"statement","id":"Q2923401$86D855FD-5B5F-4853-9FC7-553DC7E28866","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"d7aa3b4d3bfa76f734e1249f00e0286fe1b8b1ec","datavalue":{"value":"multivariate asset price model","type":"string"},"datatype":"string"},"type":"statement","id":"Q2923401$FE5516B0-8A42-439D-8B99-496CFC69C986","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"4eb1e183c9cac7f41d8f32c5b0d5cb98bfaa5fd8","datavalue":{"value":"arbitrage-free market","type":"string"},"datatype":"string"},"type":"statement","id":"Q2923401$7ABED5F9-DE91-44F9-9574-1B065D71777D","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"f6816fdf79dd11ac09d9af4886c02baab03d2cf9","datavalue":{"value":"completeness","type":"string"},"datatype":"string"},"type":"statement","id":"Q2923401$63B5C6A2-785E-46EB-BC7E-EBAA67FAC5D4","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"e8614bf31aab7a804d40f47fee75a9a8059d4af5","datavalue":{"value":"Brownian motion","type":"string"},"datatype":"string"},"type":"statement","id":"Q2923401$304A42B3-A1F5-4D53-BB0A-3E5A8428463C","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"3f615a1a3586803561261446bf4342f96456bf62","datavalue":{"value":"risk-neutral probability measure","type":"string"},"datatype":"string"},"type":"statement","id":"Q2923401$20BA85CA-6B0A-4290-8C54-286420860BD9","rank":"normal"}],"P1460":[{"mainsnak":{"snaktype":"value","property":"P1460","hash":"57f7fea50d2ce1b39b695c4a1313582eed405e38","datavalue":{"value":{"entity-type":"item","numeric-id":5976449,"id":"Q5976449"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2923401$41FBE1CC-CEB9-4B7F-96D8-033088790A55","rank":"normal"}],"P223":[{"mainsnak":{"snaktype":"value","property":"P223","hash":"9d458f9d40a2164b904160bd3a427cd146dacea7","datavalue":{"value":{"entity-type":"item","numeric-id":136004,"id":"Q136004"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2923401$CCEFE8C2-AD84-4894-88E8-35FBE5849230","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"83204e0f934818dc806b66a4fe260e5380542d6f","datavalue":{"value":{"entity-type":"item","numeric-id":1430672,"id":"Q1430672"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2923401$ECAFC3EA-1A59-4FA6-9B80-8F0D5DB66EFB","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"5ecc4ed91747fa41c13b382f3ef91ab13d24a913","datavalue":{"value":{"entity-type":"item","numeric-id":2493436,"id":"Q2493436"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2923401$AD847FE4-AA64-4565-B7F9-7D79840C16DB","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"289bcd38cb443c543ead71122e0f041a1a71ae98","datavalue":{"value":{"entity-type":"item","numeric-id":1413349,"id":"Q1413349"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2923401$08D1D82B-88DC-48A2-9D5C-168CE8CB3569","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"ffcd9b2855e5ea45b04d083eca00724793f2890c","datavalue":{"value":{"entity-type":"item","numeric-id":4368791,"id":"Q4368791"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2923401$7635DD63-7F06-4E1D-9492-010FF5FC151D","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"24c5ff5fb23304ff1b0e9efee069eeb51ce73d15","datavalue":{"value":{"entity-type":"item","numeric-id":4905685,"id":"Q4905685"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2923401$F5C98C87-7E6C-4557-8B04-F5E641825C95","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"5d635c9f525c01cd9303b697d14d023946c9d6fc","datavalue":{"value":{"entity-type":"item","numeric-id":703592,"id":"Q703592"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2923401$7EC81834-53C9-45FB-8DB4-C7414E25DB66","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"549037604c095dd2fa8a8993829430ffa81e89d1","datavalue":{"value":{"entity-type":"item","numeric-id":3010444,"id":"Q3010444"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2923401$CE529805-8050-497D-A60A-864426DFA3CC","rank":"normal"}],"P159":[{"mainsnak":{"snaktype":"value","property":"P159","hash":"8fd5a0a157696d8e8e950cf03f9e828ff67aee2e","datavalue":{"value":{"text":"The multivariate Black \\& Scholes market: conditions for completeness and no-arbitrage","language":"en"},"type":"monolingualtext"},"datatype":"monolingualtext"},"type":"statement","id":"Q2923401$7C910A30-51E1-41CC-AD80-368425D760E6","rank":"normal"}],"P1448":[{"mainsnak":{"snaktype":"value","property":"P1448","hash":"6beeabf39eeb428c9a8b29c9a4aee64b91b0e9ff","datavalue":{"value":"The paper contains a systematic overview of the basic results concerning the multivariate Black and Scholes asset pricing model. The authors formulate and give a detailed proof of an arbitrage-free condition for such market and establish its completeness. They introduce the assumption supplying the existence of an equivalent description of the multivariate Black and Scholes model in terms of correlated Brownian motions or in terms of a linear combination of independent Brownian motions. Furthermore, it is proved that this special version of the Black and Scholes model is always arbitrage-free and complete.","type":"string"},"datatype":"string"},"type":"statement","id":"Q2923401$8E6A999B-82C9-4374-8261-6D16E9305640","rank":"normal"}],"P1447":[{"mainsnak":{"snaktype":"value","property":"P1447","hash":"fe109cf65b5e526b78e778f4289ef05f064c0043","datavalue":{"value":{"entity-type":"item","numeric-id":590139,"id":"Q590139"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2923401$A22B8684-298B-4801-8A63-78CFF852C089","rank":"normal"}],"P1643":[{"mainsnak":{"snaktype":"value","property":"P1643","hash":"de7d0d7b3b5523b6bae63c0c3122d0931b49e31d","datavalue":{"value":{"entity-type":"item","numeric-id":1409836,"id":"Q1409836"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"48c57072bb234c0eada9e8cc72c6d62dde6decb3","datavalue":{"value":{"amount":"+0.800495982170105","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q2923401$19941272-F748-4EA3-A1A7-7A0735E099CB","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"eabde891294f1d890b3c642afd1892c729df4d67","datavalue":{"value":{"entity-type":"item","numeric-id":4791408,"id":"Q4791408"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"a6c4463c65231700c5d1215eb3aed3511f8e5aa5","datavalue":{"value":{"amount":"+0.7947843074798584","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q2923401$4D589D36-F90F-4380-9D2D-19E4B033B0C6","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"f39375d781a30c79b858dc87815735a0894bb373","datavalue":{"value":{"entity-type":"item","numeric-id":6158381,"id":"Q6158381"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"29ec5fc99a81e9786012bfa3a3616a777187f59c","datavalue":{"value":{"amount":"+0.773173451423645","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q2923401$0FEA0A87-43E3-4297-AE67-649C717F1CF7","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"3bdc7e047866064d3e9d32c5d546d1de078c8eac","datavalue":{"value":{"entity-type":"item","numeric-id":5294307,"id":"Q5294307"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"2c8f507406f339345bdcc628787b0425113c8ae2","datavalue":{"value":{"amount":"+0.771018922328949","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q2923401$9791CD08-ACDB-475B-A055-E36FB8D8C31E","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"5cd285d98e8bc66e37a64ad73e35c5a14de59bb5","datavalue":{"value":{"entity-type":"item","numeric-id":3576790,"id":"Q3576790"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"a8503d528afb0d13f0c50e7ce1b9158d036a346d","datavalue":{"value":{"amount":"+0.7671248912811279","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q2923401$8ABCC0EF-8AB4-4B57-B1B7-E46FA7533DAF","rank":"normal"}]},"sitelinks":{"mardi":{"site":"mardi","title":"Publication:2923401","badges":[],"url":"https://portal.mardi4nfdi.de/wiki/Publication:2923401"}}}}}