复杂世界中的完全竞争金融市场

Complete and competitive financial markets in a complex world

Finance and Stochastics · 2021
被引 2
人大 A-ABS 3

中文导读

研究了在没有外生概率测度、存在市场不完善和任意样本空间的情况下,完成金融市场的可能性,并探讨了竞争环境下的扩展,强调了复杂性的经济作用。

Abstract

Abstract We investigate the possibility of completing financial markets in a model with no exogenous probability measure, with market imperfections and with an arbitrary sample space. We also consider whether such an extension may be possible in a competitive environment. Our conclusions highlight the economic role of complexity.

完全金融市场竞争性市场复杂性市场不完善