Jarrow, Robert A.; Jin, Xing; Madan, Dilip B. - In: Mathematical Finance 9 (1999) 3, pp. 255-273
This paper presents a resolution of the paradox proposed by the example of an economy with complette markets and a multiplicityof martingale measures constructed by Artzner and Heath (1995). The resolution lies in noting that completeness is with respect to a topology on the space of cash flows...
