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• W2024184476 abstract "The first Fundamental Theorem of Asset Pricing establishes the equivalence between the absence of arbitrage in financial markets and the existence of Equivalent Martingale Measures, if appropriate conditions hold. Since the theorem may fail when dealing with infinitely many trading dates, this paper draws on the A.A. Lyapunov Theorem in order to retrieve the equivalence for complete markets such that the Sharpe Ratio is adequately bounded." @default.
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• W2024184476 date "2007-06-01" @default.
• W2024184476 modified "2023-10-18" @default.
• W2024184476 title "Risk-neutral valuation with infinitely many trading dates" @default.
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• W2024184476 doi "https://doi.org/10.1016/j.mcm.2006.11.002" @default.
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