Balbás, Alejandro; Romera, Rosario; Ruiz, Esther - Departamento de Estadistica, Universidad Carlos III de … - 2003
In this paper, we partially review probabilistic and time series models in finance. Both discrete and continuous .time models are described. The characterization of the No- Arbitrage paradigm is extensively studied in several financial market contexts. As the probabilistic models become more and...