Discrete-time market models from the small investor point of view and the first fundamental-type theorem
In this paper, we discuss the no-arbitrage condition in a discrete financial market model which does not hold the same interest rate assumptions. Our research was based on, essentially, one of the most important results in mathematical finance, called the Fundamental Theorem of Asset Pricing. For th...
| Main Authors: | , |
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| Format: | Article |
| Language: | deu |
| Published: |
Sciendo
2017-12-01
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| Series: | Annales Universitatis Paedagogicae Cracoviensis: Studia Mathematica |
| Subjects: | |
| Online Access: | http://studmath.up.krakow.pl/index.php/studmath/article/view/219 |