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Market Viability and Completeness for Multinomial Models

q-fin.MF · 2025-08-19 · unverdicted · novelty 5.0

Characterizes equivalent martingale measures in two-period multinomial markets as convex combinations of finitely many measures, supplies an algorithm for them, and applies the framework to a discrete Korn-Kreer-Lenssen model.

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  • Market Viability and Completeness for Multinomial Models q-fin.MF · 2025-08-19 · unverdicted · none · ref 16

    Characterizes equivalent martingale measures in two-period multinomial markets as convex combinations of finitely many measures, supplies an algorithm for them, and applies the framework to a discrete Korn-Kreer-Lenssen model.