No-arbitrage under a class of honest times
نویسندگان
چکیده
منابع مشابه
No-arbitrage under a class of honest times
This paper addresses the question of non-arbitrage (precisely NoUnbounded-Profit-with-Bounded-Risk, NUPBR hereafter) after a specific random time. This study completes the one of Aksamit et al. [1], devoted to the study before the random time, by elaborating results for the part after the random time under consideration. We restrict our attention to a subclass of honest times, and we characteri...
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ژورنال
عنوان ژورنال: Finance and Stochastics
سال: 2017
ISSN: 0949-2984,1432-1122
DOI: 10.1007/s00780-017-0345-3