Projective system approach to the martingale characterization of the absence of arbitrage

DOI10.1016/S0304-4068(02)00036-8zbMath1031.91028MaRDI QIDQ1864984

Alejandro Balbas, Miguel ángel Mirás, María José Muñoz-Bouzo

Publication date: 23 March 2003

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

zbMATH Keywords

asset pricing; martingale measure; absence of arbitrage; perfect measures; projective systems

Mathematics Subject Classification ID

91B24: Microeconomic theory (price theory and economic markets)

91B26: Auctions, bargaining, bidding and selling, and other market models

Related Items

Stochastic measures of arbitrage., Risk-neutral valuation with infinitely many trading dates

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