bounds for cash streams can be very wide or very close. Arbitrage bounds are a special case of our general valuation bounds … valuation bounds under the linear higher order conditions on the term structure generalize arbitrage bounds and provide a … sharper method when the arbitrage principle is too weak. -- linear programming ; arbitrage ; term structure of interest rates …

to be locally arbitrage free, however, it still permits some form of arbitrage. Finally, a subclass of arbitrage free … portfolio ; arbitrage amount …

allow the insider to have free lunches with vanishing risk, or even to exercise arbitrage. -- Brownian motion ; diffusion … ; free lunch ; arbitrage ; financial markets ; insider ; progressive enlargement of filtrations ; honest time …