{"bundle_type":"pith_open_graph_bundle","bundle_version":"1.0","pith_number":"pith:2012:TLGJRKYSJJ7YIJEC67TD2ZZBXZ","short_pith_number":"pith:TLGJRKYS","canonical_record":{"source":{"id":"1207.1759","kind":"arxiv","version":5},"metadata":{"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.PM","submitted_at":"2012-07-07T04:30:10Z","cross_cats_sorted":["math.PR"],"title_canon_sha256":"6c7aecdb7da5f0aac720fecdb65029a8f2b5198879e60c6e04c11ba9ff243ee9","abstract_canon_sha256":"4b05dc2c71acd09c050a0528ccb62517f617c4db659652d4a989e1cd1c9766cc"},"schema_version":"1.0"},"canonical_sha256":"9acc98ab124a7f842482f7e63d6721be45bf0ae3f99e57a5f8aafbbbc398a5d7","source":{"kind":"arxiv","id":"1207.1759","version":5},"source_aliases":[{"alias_kind":"arxiv","alias_value":"1207.1759","created_at":"2026-05-18T01:35:22Z"},{"alias_kind":"arxiv_version","alias_value":"1207.1759v5","created_at":"2026-05-18T01:35:22Z"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.1207.1759","created_at":"2026-05-18T01:35:22Z"},{"alias_kind":"pith_short_12","alias_value":"TLGJRKYSJJ7Y","created_at":"2026-05-18T12:27:23Z"},{"alias_kind":"pith_short_16","alias_value":"TLGJRKYSJJ7YIJEC","created_at":"2026-05-18T12:27:23Z"},{"alias_kind":"pith_short_8","alias_value":"TLGJRKYS","created_at":"2026-05-18T12:27:23Z"}],"events":[{"event_type":"record_created","subject_pith_number":"pith:2012:TLGJRKYSJJ7YIJEC67TD2ZZBXZ","target":"record","payload":{"canonical_record":{"source":{"id":"1207.1759","kind":"arxiv","version":5},"metadata":{"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.PM","submitted_at":"2012-07-07T04:30:10Z","cross_cats_sorted":["math.PR"],"title_canon_sha256":"6c7aecdb7da5f0aac720fecdb65029a8f2b5198879e60c6e04c11ba9ff243ee9","abstract_canon_sha256":"4b05dc2c71acd09c050a0528ccb62517f617c4db659652d4a989e1cd1c9766cc"},"schema_version":"1.0"},"canonical_sha256":"9acc98ab124a7f842482f7e63d6721be45bf0ae3f99e57a5f8aafbbbc398a5d7","receipt":{"kind":"pith_receipt","key_id":"pith-v1-2026-05","algorithm":"ed25519","signed_at":"2026-05-18T01:35:22.917474Z","signature_b64":"l0bzt06eFX/tq7qM54WlaXBECNFxsNF+gUdQfYCtFHXDgIczrnEY1IsACI8NPu103hHs51BKuLNWmUK6tG7ACg==","signed_message":"canonical_sha256_bytes","builder_version":"pith-number-builder-2026-05-17-v1","receipt_version":"0.3","canonical_sha256":"9acc98ab124a7f842482f7e63d6721be45bf0ae3f99e57a5f8aafbbbc398a5d7","last_reissued_at":"2026-05-18T01:35:22.916623Z","signature_status":"signed_v1","first_computed_at":"2026-05-18T01:35:22.916623Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"source_kind":"arxiv","source_id":"1207.1759","source_version":5,"attestation_state":"computed"},"signer":{"signer_id":"pith.science","signer_type":"pith_registry","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"created_at":"2026-05-18T01:35:22Z","supersedes":[],"prev_event":null,"signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"AVIS0QNezyxkOsrPB3xuyqdcstBWytALuGPq0w4KiYLcBzf0NmRsIs1kNddkcAM750E3l0PBy8aCoRzROElTDg==","signed_message":"open_graph_event_sha256_bytes","signed_at":"2026-06-01T13:46:52.708562Z"},"content_sha256":"79d6717246f23ac3bea9a3a1a803bedc970ba83f7bc75f60edfe7606a579769c","schema_version":"1.0","event_id":"sha256:79d6717246f23ac3bea9a3a1a803bedc970ba83f7bc75f60edfe7606a579769c"},{"event_type":"graph_snapshot","subject_pith_number":"pith:2012:TLGJRKYSJJ7YIJEC67TD2ZZBXZ","target":"graph","payload":{"graph_snapshot":{"paper":{"title":"On arbitrages arising from honest times","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","headline":"","cross_cats":["math.PR"],"primary_cat":"q-fin.PM","authors_text":"Claudio Fontana, Monique Jeanblanc, Shiqi Song","submitted_at":"2012-07-07T04:30:10Z","abstract_excerpt":"In the context of a general continuous financial market model, we study whether the additional information associated with an honest time gives rise to arbitrage profits. By relying on the theory of progressive enlargement of filtrations, we explicitly show that no kind of arbitrage profit can ever be realised strictly before an honest time, while classical arbitrage opportunities can be realised exactly at an honest time as well as after an honest time. Moreover, stronger arbitrages of the first kind can only be obtained by trading as soon as an honest time occurs. We carefully study the beha"},"claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"1207.1759","kind":"arxiv","version":5},"verdict":{"id":null,"model_set":{},"created_at":null,"strongest_claim":"","one_line_summary":"","pipeline_version":null,"weakest_assumption":"","pith_extraction_headline":""},"references":{"count":0,"sample":[],"resolved_work":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57","internal_anchors":0},"formal_canon":{"evidence_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"author_claims":{"count":0,"strong_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"builder_version":"pith-number-builder-2026-05-17-v1"},"verdict_id":null},"signer":{"signer_id":"pith.science","signer_type":"pith_registry","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"created_at":"2026-05-18T01:35:22Z","supersedes":[],"prev_event":null,"signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"DVv9OEnsELsVlUVmz9V3iNvp70IPzznRnM4KzA/eJHgx8I9Blav5BIwNy3PA51dA969EUPlEloZVPv+VQwddAQ==","signed_message":"open_graph_event_sha256_bytes","signed_at":"2026-06-01T13:46:52.708902Z"},"content_sha256":"bdc57b7359d05018a8b6859d905aca60a5c9e00c38c21c91bd4eed4cc5bb8527","schema_version":"1.0","event_id":"sha256:bdc57b7359d05018a8b6859d905aca60a5c9e00c38c21c91bd4eed4cc5bb8527"}],"timestamp_proofs":[],"mirror_hints":[{"mirror_type":"https","name":"Pith Resolver","base_url":"https://pith.science","bundle_url":"https://pith.science/pith/TLGJRKYSJJ7YIJEC67TD2ZZBXZ/bundle.json","state_url":"https://pith.science/pith/TLGJRKYSJJ7YIJEC67TD2ZZBXZ/state.json","well_known_bundle_url":"https://pith.science/.well-known/pith/TLGJRKYSJJ7YIJEC67TD2ZZBXZ/bundle.json","status":"primary"}],"public_keys":[{"key_id":"pith-v1-2026-05","algorithm":"ed25519","format":"raw","public_key_b64":"stVStoiQhXFxp4s2pdzPNoqVNBMojDU/fJ2db5S3CbM=","public_key_hex":"b2d552b68890857171a78b36a5dccf368a953413288c353f7c9d9d6f94b709b3","fingerprint_sha256_b32_first128bits":"RVFV5Z2OI2J3ZUO7ERDEBCYNKS","fingerprint_sha256_hex":"8d4b5ee74e4693bcd1df2446408b0d54","rotates_at":null,"url":"https://pith.science/pith-signing-key.json","notes":"Pith uses this Ed25519 key to sign canonical record SHA-256 digests. Verify with: ed25519_verify(public_key, message=canonical_sha256_bytes, signature=base64decode(signature_b64))."}],"merge_version":"pith-open-graph-merge-v1","built_at":"2026-06-01T13:46:52Z","links":{"resolver":"https://pith.science/pith/TLGJRKYSJJ7YIJEC67TD2ZZBXZ","bundle":"https://pith.science/pith/TLGJRKYSJJ7YIJEC67TD2ZZBXZ/bundle.json","state":"https://pith.science/pith/TLGJRKYSJJ7YIJEC67TD2ZZBXZ/state.json","well_known_bundle":"https://pith.science/.well-known/pith/TLGJRKYSJJ7YIJEC67TD2ZZBXZ/bundle.json"},"state":{"state_type":"pith_open_graph_state","state_version":"1.0","pith_number":"pith:2012:TLGJRKYSJJ7YIJEC67TD2ZZBXZ","merge_version":"pith-open-graph-merge-v1","event_count":2,"valid_event_count":2,"invalid_event_count":0,"equivocation_count":0,"current":{"canonical_record":{"metadata":{"abstract_canon_sha256":"4b05dc2c71acd09c050a0528ccb62517f617c4db659652d4a989e1cd1c9766cc","cross_cats_sorted":["math.PR"],"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.PM","submitted_at":"2012-07-07T04:30:10Z","title_canon_sha256":"6c7aecdb7da5f0aac720fecdb65029a8f2b5198879e60c6e04c11ba9ff243ee9"},"schema_version":"1.0","source":{"id":"1207.1759","kind":"arxiv","version":5}},"source_aliases":[{"alias_kind":"arxiv","alias_value":"1207.1759","created_at":"2026-05-18T01:35:22Z"},{"alias_kind":"arxiv_version","alias_value":"1207.1759v5","created_at":"2026-05-18T01:35:22Z"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.1207.1759","created_at":"2026-05-18T01:35:22Z"},{"alias_kind":"pith_short_12","alias_value":"TLGJRKYSJJ7Y","created_at":"2026-05-18T12:27:23Z"},{"alias_kind":"pith_short_16","alias_value":"TLGJRKYSJJ7YIJEC","created_at":"2026-05-18T12:27:23Z"},{"alias_kind":"pith_short_8","alias_value":"TLGJRKYS","created_at":"2026-05-18T12:27:23Z"}],"graph_snapshots":[{"event_id":"sha256:bdc57b7359d05018a8b6859d905aca60a5c9e00c38c21c91bd4eed4cc5bb8527","target":"graph","created_at":"2026-05-18T01:35:22Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"graph_snapshot":{"author_claims":{"count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57","strong_count":0},"builder_version":"pith-number-builder-2026-05-17-v1","claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"formal_canon":{"evidence_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"paper":{"abstract_excerpt":"In the context of a general continuous financial market model, we study whether the additional information associated with an honest time gives rise to arbitrage profits. By relying on the theory of progressive enlargement of filtrations, we explicitly show that no kind of arbitrage profit can ever be realised strictly before an honest time, while classical arbitrage opportunities can be realised exactly at an honest time as well as after an honest time. Moreover, stronger arbitrages of the first kind can only be obtained by trading as soon as an honest time occurs. We carefully study the beha","authors_text":"Claudio Fontana, Monique Jeanblanc, Shiqi Song","cross_cats":["math.PR"],"headline":"","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.PM","submitted_at":"2012-07-07T04:30:10Z","title":"On arbitrages arising from honest times"},"references":{"count":0,"internal_anchors":0,"resolved_work":0,"sample":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"1207.1759","kind":"arxiv","version":5},"verdict":{"created_at":null,"id":null,"model_set":{},"one_line_summary":"","pipeline_version":null,"pith_extraction_headline":"","strongest_claim":"","weakest_assumption":""}},"verdict_id":null}}],"author_attestations":[],"timestamp_anchors":[],"storage_attestations":[],"citation_signatures":[],"replication_records":[],"corrections":[],"mirror_hints":[],"record_created":{"event_id":"sha256:79d6717246f23ac3bea9a3a1a803bedc970ba83f7bc75f60edfe7606a579769c","target":"record","created_at":"2026-05-18T01:35:22Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"attestation_state":"computed","canonical_record":{"metadata":{"abstract_canon_sha256":"4b05dc2c71acd09c050a0528ccb62517f617c4db659652d4a989e1cd1c9766cc","cross_cats_sorted":["math.PR"],"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.PM","submitted_at":"2012-07-07T04:30:10Z","title_canon_sha256":"6c7aecdb7da5f0aac720fecdb65029a8f2b5198879e60c6e04c11ba9ff243ee9"},"schema_version":"1.0","source":{"id":"1207.1759","kind":"arxiv","version":5}},"canonical_sha256":"9acc98ab124a7f842482f7e63d6721be45bf0ae3f99e57a5f8aafbbbc398a5d7","receipt":{"algorithm":"ed25519","builder_version":"pith-number-builder-2026-05-17-v1","canonical_sha256":"9acc98ab124a7f842482f7e63d6721be45bf0ae3f99e57a5f8aafbbbc398a5d7","first_computed_at":"2026-05-18T01:35:22.916623Z","key_id":"pith-v1-2026-05","kind":"pith_receipt","last_reissued_at":"2026-05-18T01:35:22.916623Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","receipt_version":"0.3","signature_b64":"l0bzt06eFX/tq7qM54WlaXBECNFxsNF+gUdQfYCtFHXDgIczrnEY1IsACI8NPu103hHs51BKuLNWmUK6tG7ACg==","signature_status":"signed_v1","signed_at":"2026-05-18T01:35:22.917474Z","signed_message":"canonical_sha256_bytes"},"source_id":"1207.1759","source_kind":"arxiv","source_version":5}}},"equivocations":[],"invalid_events":[],"applied_event_ids":["sha256:79d6717246f23ac3bea9a3a1a803bedc970ba83f7bc75f60edfe7606a579769c","sha256:bdc57b7359d05018a8b6859d905aca60a5c9e00c38c21c91bd4eed4cc5bb8527"],"state_sha256":"4de73f8115eaab0b47602e1a8e648deaf0fc143a9e727e5c0d238a7748694cfa"},"bundle_signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"6SC07TF0MmUrS975BFgibykVHbV82ONwugs0YcyOLSiTo6EL6rPsItYRqpsFTmo2QGj0WJjbEkl4QeaGKJf/Ag==","signed_message":"bundle_sha256_bytes","signed_at":"2026-06-01T13:46:52.710759Z","bundle_sha256":"23d0e9877a4088420750f331ee83824f1101fbe9f4b18c98eac09da94bfea0c1"}}