ARBITRAGE AND FREE LUNCH WITH BOUNDED RISK FOR UNBOUNDED CONTINUOUS PROCESSES

DOI10.1111/j.1467-9965.1994.tb00063.xzbMath0884.90024OpenAlexW2050784575MaRDI QIDQ4372043

Walter Schachermayer, Freddy Delbaen

Publication date: 21 January 1998

Published in: Mathematical Finance (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/j.1467-9965.1994.tb00063.x

zbMATH Keywords

Bessel processmartingalearbitragelocal martingalerisk-neutral measurebounded riskno free lunch

Mathematics Subject Classification ID

Economic growth models (91B62) Signal detection and filtering (aspects of stochastic processes) (60G35)

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Cites Work

• Arbitrage and equilibrium in economies with infinitely many commodities
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