Search for dissertations about: "Peter Sehlin"

Found 1 swedish dissertation containing the words Peter Sehlin.

2. 1. No Arbitrage Pricing and the Term Structure of Interest Rates

   Author : Thomas Gustavsson; Jan Söderström; Peter Sehlin; Uppsala universitet; []
   Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Economics; Nationalekonomi;

   Abstract : This dissertation provides an introduction to the concept of no arbitrage pricing and probability measures. In complete markets prices are arbitrage-free if and only if there exists an equivalent probability measure under which all asset prices are martingales. This is only a slight generalization of the classical fair game hypothesis. READ MORE