A convergence result for the Emery topology and a variant of the proof of the fundamental theorem of asset pricing

DOI10.1007/S00780-015-0276-9zbMath1341.60018arXiv1406.5414OpenAlexW1931299492MaRDI QIDQ889620

Christa Cuchiero, Josef Teichmann

Publication date: 9 November 2015

Published in: Finance and Stochastics (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/1406.5414

zbMATH Keywords

convergenceasset pricingEmery topologypredictable uniform tightness

Mathematics Subject Classification ID

Stochastic models in economics (91B70) Generalizations of martingales (60G48) Financial applications of other theories (91G80) Functional limit theorems; invariance principles (60F17)

Related Items (7)

A New Perspective on the Fundamental Theorem of Asset Pricing for Large Financial Markets ⋮ No arbitrage of the first kind and local martingale numéraires ⋮ No arbitrage and multiplicative special semimartingales ⋮ Optimal investment and consumption with labor income in incomplete markets ⋮ A Fundamental Theorem of Asset Pricing for Continuous Time Large Financial Markets in a Two Filtration Setting ⋮ Limit theorems for \(\sigma\)-localized Émery convergence ⋮ Term structure modelling for multiple curves with stochastic discontinuities

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