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Banach geometry of arbitrage free markets

Mathematical Finance 2016-07-26 v3

Abstract

The article presents a description of geometry of Banach structures forming mathematical base of markets arbitrage absence type phenomena. In this connection the role of reflexive subspaces (replacing classically considered finite-dimensional subspaces) and plasterable cones is uncovered.

Keywords

Cite

@article{arxiv.1410.4807,
  title  = {Banach geometry of arbitrage free markets},
  author = {A. V. Lebedev and P. P. Zabreiko},
  journal= {arXiv preprint arXiv:1410.4807},
  year   = {2016}
}

Comments

19 pages, 3 figures