NONREPLICATION OF OPTIONS

DOI10.1111/j.1467-9965.2010.00467.xzbMath1278.91063OpenAlexW1510441606MaRDI QIDQ4906527

Foivos Xanthos, Ioannis A. Polyrakis, Christos E. Kountzakis

Publication date: 28 February 2013

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

Full work available at URL: https://doi.org/10.1111/j.1467-9965.2010.00467.x

zbMATH Keywords

positive basescompletion by optionsreplicated optionsstrongly resolving markets

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Derivative securities (option pricing, hedging, etc.) (91G20) Portfolio theory (91G10)

Related Items

Option spanning beyond \(L_p\)-models

Cites Work

• The completion of security markets
• On the non-existence of redundant options
• Option spanning with exogenous information structure
• Spanning and completeness in markets with contingent claims
• Markets that don't replicate any option.
• A General Equilibrium Analysis of Option and Stock Market Interactions
• DYNAMIC SPANNING: ARE OPTIONS AN APPROPRIATE INSTRUMENT?
• Finite-dimensional lattice-subspaces of 𝐶(Ω) and curves of ℝⁿ
• OPTIONS AND EFFICIENCY IN MULTIDATE SECURITY MARKETS