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Persistent link: https://www.econbiz.de/10008659799
We provide a general construction of time-consistent sublinear expectations on the space of continuous paths. It yields the existence of the conditional G-expectation of a Borel-measurable (rather than quasi-continuous) random variable, a generalization of the random G-expectation, and an...
Persistent link: https://www.econbiz.de/10010679226
Persistent link: https://www.econbiz.de/10011448306