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arxiv: 1512.06582 · v1 · pith:VG3SBG3Qnew · submitted 2015-12-21 · 💱 q-fin.MF · math.PR

Asymptotic pricing in large financial markets

classification 💱 q-fin.MF math.PR
keywords largeasymptoticfinancialmarketspricingalphaarbitragebehavior
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The problem of hedging and pricing sequences of contingent claims in large financial markets is studied. Connection between asymptotic arbitrage and behavior of the $\alpha$~-~quantile price is shown. The large Black-Scholes model is carefully examined.

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