Burzoni, Matteo; Riedel, Frank ; Soner, H. Mete: Viability and Arbitrage Under Knightian Uncertainty. In: Econometrica. Jg.89 H. 3. 2021, S. 1207-1234
Inhalt
- Further Related Literature
- A Probability-Free Foundation for Financial Economics
- The Efficient Market Hypothesis
- A Strong Version of the Efficient Market Hypothesis Under Risk
- A Weak Version of the Efficient Market Hypothesis Under Risk
- The Efficient Market Hypothesis Under Knightian Uncertainty
- Further Discussion of the Modeling Philosophy
- A Common Order versus a Common Probabilistic Framework
- The Financial Market
- Viability
- Sublinear Expectations
- Relevant Claims
- Proof of the Theorems
- Conclusion
- Appendix: Proof of Proposition 5.2
- References