One of the fundamental concepts underlying the theory of financial derivative pricing and hedging is that of the arbitrage. This concept in certain circumstances, allows us to define the precise relationships among prices and hence their establishment. The mathematical interpretation of this concept shows that is necessary to have knowledge of modern theory of probability and stochastic analysis. In this paper we will show that there is a possibility of getting no risk profit on financial market where the prices have random character
The arbitrage pricing principle has been used to derive price relations like the Black-Scholes form...
In the presence of transactions costs, no matter how small, arbitrage activity does not necessarily ...
The theory of asset pricing, which takes its roots in the Arrow-Debreu model, the Black and Scholes ...
The theory of asset pricing takes its roots in the Arrow-Debreu model (see,for instance, Debreu 1959...
This book covers the theory of derivatives pricing and hedging as well as techniques used in mathema...
This book covers the theory of derivatives pricing and hedging as well as techniques used in mathema...
This dissertation provides an introduction to the concept of no arbitrage pricing and probability me...
This paper defines the Value of a general claim based on agent's preferences and coherent with the N...
Despite being a mainstay of modern economic theory, the simple concept of arbitrage is sorely misuse...
Arbitrage theory provides a conceptual framework to impose restrictions on the structure of asset pr...
In this study, we consider the statistical arbitrage definition given in Hogan, S, R Jarrow, M Teo a...
The paper focuses on the PCS Catastrophe Insurance Option Contracts and empirically tests the degree...
This paper discusses the PCS Catastrophe Insurance Option Contracts, pro- viding empirical support o...
A substantial applications literature on pricing by arbitrage has effectively restricted information...
Lectures given at the 3rd session of the Centro Internazionale Matematico Estivo (C.I.M.E.) held in ...
The arbitrage pricing principle has been used to derive price relations like the Black-Scholes form...
In the presence of transactions costs, no matter how small, arbitrage activity does not necessarily ...
The theory of asset pricing, which takes its roots in the Arrow-Debreu model, the Black and Scholes ...
The theory of asset pricing takes its roots in the Arrow-Debreu model (see,for instance, Debreu 1959...
This book covers the theory of derivatives pricing and hedging as well as techniques used in mathema...
This book covers the theory of derivatives pricing and hedging as well as techniques used in mathema...
This dissertation provides an introduction to the concept of no arbitrage pricing and probability me...
This paper defines the Value of a general claim based on agent's preferences and coherent with the N...
Despite being a mainstay of modern economic theory, the simple concept of arbitrage is sorely misuse...
Arbitrage theory provides a conceptual framework to impose restrictions on the structure of asset pr...
In this study, we consider the statistical arbitrage definition given in Hogan, S, R Jarrow, M Teo a...
The paper focuses on the PCS Catastrophe Insurance Option Contracts and empirically tests the degree...
This paper discusses the PCS Catastrophe Insurance Option Contracts, pro- viding empirical support o...
A substantial applications literature on pricing by arbitrage has effectively restricted information...
Lectures given at the 3rd session of the Centro Internazionale Matematico Estivo (C.I.M.E.) held in ...
The arbitrage pricing principle has been used to derive price relations like the Black-Scholes form...
In the presence of transactions costs, no matter how small, arbitrage activity does not necessarily ...
The theory of asset pricing, which takes its roots in the Arrow-Debreu model, the Black and Scholes ...