Call completeness implies completeness in the \(n\)-period model of a financial market (Q854278): Difference between revisions
From MaRDI portal
Set profile property. |
Set OpenAlex properties. |
||
| Property / full work available at URL | |||
| Property / full work available at URL: https://doi.org/10.1007/s00780-006-0007-3 / rank | |||
Normal rank | |||
| Property / OpenAlex ID | |||
| Property / OpenAlex ID: W1985066676 / rank | |||
Normal rank | |||
Revision as of 00:15, 20 March 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Call completeness implies completeness in the \(n\)-period model of a financial market |
scientific article |
Statements
Call completeness implies completeness in the \(n\)-period model of a financial market (English)
0 references
8 December 2006
0 references
The author considers an arbitrage-free \(n\)-period model of a financial market with strictly positive numéraire and \(g\) risky asset. It is assumed that the system of attainable claims fulfils the call-completeness condition. The cases of general and predictable numéraire are considered, and completeness of the market is proved in the latter case.
0 references
\(n\)-period model of a financial market
0 references
complete markets
0 references
