Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10011523876
In a numéraire-independent framework, we study a financial market with N assets which are all treated in a symmetric way. We define the fundamental value *S of an asset S as its superreplication price and say that the market has a strong bubble if *S and S deviate from each other. None of these...
Persistent link: https://www.econbiz.de/10011293465
Persistent link: https://www.econbiz.de/10013440256