眉毛
发表于 2025-3-23 12:44:50
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远地点
发表于 2025-3-23 14:59:18
Georgi Gluhchev,Dimo Dimov,Atanas Uzunovtral expected utility function with beliefs equal to the martingale measure generates the given asset prices. However in a single agent economy there is no trade—an obvious contradiction to what we observe. In this chapter we show that even with an arbitrary preassigned trading volume the no-arbitra
抗生素
发表于 2025-3-23 19:23:43
Vassil Sgurev all, as Figure 4.1 shows, there may be a continuum of equilibria when the graph of the excess demand is flat at zero. This however is not a generic situation. On perturbing the characteristics of the economy one finds that the graph is transversal to the zero line. Hence generically equilibria are
飞行员
发表于 2025-3-24 01:26:59
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被告
发表于 2025-3-24 05:16:33
Dafina Zoteva,Nora Angelovathe result proved in Chapter 3 which itself was a generalization of results known in the general equilibrium literature as the Sonnenschein-Mantel-Debreu result on the structure of market excess demand functions. The result proved in this chapter for the CAPM considers the market excess demand funct
Genistein
发表于 2025-3-24 06:35:39
Peter Vassilev,Lyudmila Todorova,Evgeniy Marinoving returns. In a similar vein, Bollerslev (J Financ Quant Anal, 2013) assume an affine version of the stochastic volatility model as in Heston (Rev Financ Stud, 6:327–343, 1993) and show that the variance risk premium is linearly related to the risk aversion parameter. Other investigations in this
oblique
发表于 2025-3-24 12:01:51
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ALIEN
发表于 2025-3-24 14:54:00
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AUGER
发表于 2025-3-24 19:21:10
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Anhydrous
发表于 2025-3-24 23:23:58
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