Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10001135557
Recent results have characterized the class of continuous sample path stochastic processes admissible as equilibrium price processes in a frictionless, continuous trading market under a no arbitrage equilibrium. These results are not complete since the role of the Markov assumption, made by all...
Persistent link: https://www.econbiz.de/10012999190