No unbounded arbitrage, weak no market arbitrage and no arbitrage price system conditions: The circular results

Page and Wooders (1996) prove that the no-unbounded-arbitrage (NUBA) condition introduced by Page (1987) is equivalent to the existence of a no arbitrage price (NAPS) when no agent has non-null useless vectors. Al- louch, Le Van and Page (2002) show that their generalized NAPS condition is actually...

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Bibliographic details
Main Author: Ha-Huy, Thai
Nguyen, Manh-Hung
Format: Paper
Language: English
Place of publication: 2008
Related: THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise
Data of publication: 2008
Series: THEMA Working Papers
Subjects:
Online Access: available in Bonn?
Database: RePEc IDEAS
RePEc
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