TY  - GEN 
AU  - Cruz Rambaud, Salvador
PY  - 2019
SN  - 2227-7390
UR  - http://hdl.handle.net/10835/7471
AB  - Background: This paper aims to characterize the absence of arbitrage in the context of the Arbitrage Theory proposed by Kreps (1981) and Clark (2000) which involves a certain number of well-known financial markets. More specifically, the framework of...
LA  - en
PB  - MDPI
KW  - arbitrage
KW  - contingent claim
KW  - free lunch
KW  - discount function
KW  - linear price
KW  - linear space
KW  - preference relation
KW  - cone
TI  - Algebraic Properties of Arbitrage: An Application to Additivity of Discount Functions
ER  -