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Your search keyword '"Competitive completion"' showing total 3 results
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3 results on '"Competitive completion"'

1. Complete and competitive financial markets in a complex world.

Author

Cassese, Gianluca

Subjects
FINANCIAL markets, PROBABILITY measures, MARKETING models, MARKET power, IMPERFECTION
Abstract

We investigate the possibility of completing financial markets in a model with no exogenous probability measure, with market imperfections and with an arbitrary sample space. We also consider whether such an extension may be possible in a competitive environment. Our conclusions highlight the economic role of complexity. [ABSTRACT FROM AUTHOR]

Published
2021
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2. Complete and competitive financial markets in a complex world

Author

Cassese, G, Gianluca Cassese, Cassese, G, and Gianluca Cassese

Abstract

We investigate the possibility of completing financial markets in a model with no exogenous probability measure, with market imperfections and with an arbitrary sample space. We also consider whether such extension may be possible in a competitive environment. Our conclusions highlight the economic role of complexity.

Published
2021

3. Complete and competitive financial markets in a complex world

Author

Gianluca Cassese and Cassese, G

Subjects
Statistics and Probability, Financial economics, Mathematical finance, Financial market, Extension (predicate logic), Mathematical Finance (q-fin.MF), Microeconomics, FOS: Economics and business, Market power, Market completene, Quantitative Finance - Mathematical Finance, No arbitrage, Economics, Sample space, Sublinear pricing, Arbitrage, SECS-S/06 - METODI MATEMATICI DELL'ECONOMIA E DELLE SCIENZE ATTUARIALI E FINANZIARIE, Statistics, Probability and Uncertainty, SECS-P/01 - ECONOMIA POLITICA, Finance, Probability measure, Competitive completion
Abstract

We investigate the possibility of completing financial markets in a model with no exogenous probability measure, with market imperfections and with an arbitrary sample space. We also consider whether such an extension may be possible in a competitive environment. Our conclusions highlight the economic role of complexity.

Published
2021

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