no code implementations • 25 Nov 2020 • Eckhard Platen, Stefan Tappe
We show that in a financial market given by semimartingales an arbitrage opportunity, provided it exists, can only be exploited through short selling.
no code implementations • 12 May 2020 • Eckhard Platen, Stefan Tappe
Consider a financial market with nonnegative semimartingales which does not need to have a num\'{e}raire.
