Complete and competitive financial markets in a complex world
Mathematical Finance
2021-09-15 v2
Abstract
We investigate the possibility of completing financial markets in a model with no exogenous probability measure and market imperfections. A necessary and sufficient condition is obtained for such extension to be possible.
Keywords
Cite
@article{arxiv.2003.01055,
title = {Complete and competitive financial markets in a complex world},
author = {Gianluca Cassese},
journal= {arXiv preprint arXiv:2003.01055},
year = {2021}
}