Some aspects of arbitrating

Atanasova-Pacemska, Tatjana and Lazarova, Limonka and Zlatanovska, Biljana (2008) Some aspects of arbitrating. In: Proceedings of IV Congress of mathematicians of Republic of Macedonia, Struga, Macedonia. Сојуз на математичари на Македонија, Skopje, pp. 374-384.

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Abstract

One of the fundamental concepts underlying the theory of financial derivative pricing and hedging is that of the arbitrage. This concept in certain circumstances, allows us to define the precise relationships among prices and hence their establishment. The mathematical interpretation of this concept shows that is necessary to have knowledge of modern theory of probability and stochastic analysis. In this paper we will show that there is a possibility of getting no risk profit on financial market where the prices have random character.

Item Type: Book Section
Uncontrolled Keywords: pricing, financial market, martingale, arbitrating
Subjects: Natural sciences > Matematics
Divisions: Faculty of Computer Science
Depositing User: Biljana Zlatanovska
Date Deposited: 03 Dec 2013 14:31
Last Modified: 03 Jul 2014 08:08
URI: http://eprints.ugd.edu.mk/id/eprint/5378

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