Fundamental theorem of asset pricing: a strengthened version and а martingale measures search area
https://doi.org/10.29235/1561-8323-2022-66-2-135-140
Abstract
In the article a strengthened version of the ’Fundamental Theorem of Asset Pricing’ for a one-period market model is proven. The principal role in this result is played by total and nonanihilating cones.
About the Authors
A. V. Lebedev
Belarusian State University
Belarus
Belarus
Lebedev Andrei V. – D. Sc. (Physics and Mathematics), Professor, Head of the Department
4, Nezavisimosti Ave., 220050, Minsk
G. S. Romashchenko
Belarusian State University
Belarus
Belarus
Romashchenko Galina S. – Ph. D. (Physics and Mathematics), Associate Professor
4, Nezavisimosti Ave., 220050, Minsk
P. P. Zabreiko
Belarusian State University
Belarus
Belarus
Minsk
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