Fundamental theorem of asset pricing
id:
fundamental-theorem-of-asset-pricing-177-712727
title:
Fundamental theorem of asset pricing
text:
The fundamental theorems of asset pricing, in both financial economics and mathematical finance, provide necessary and sufficient conditions for a market to be arbitrage-free, and for a market to be complete. An arbitrage opportunity is a way of making money with no initial investment without any possibility of loss. Though arbitrage opportunities do exist briefly in real life, it has been said that any sensible market model must avoid this type of profit. The first theorem is important in that
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wiki
category slug:
encyclopedia
description:
Necessary and sufficient conditions for a market to be arbitrage free and complete
original url:
https://en.wikipedia.org/wiki/Fundamental_theorem_of_asset_pricing
date created:
2004-01-26T09:39:30Z
date modified:
2024-09-04T00:15:56Z
main entity:
{"identifier":"Q5508973","url":"https://www.wikidata.org/entity/Q5508973"}
image:
fields total:
13
integrity:
15