Abstract
We introduce the concept of numeraires of convex sets in the nonnegative orthant of the topological vector space of all random variables built over a probability space. A necessary and sufficient condition for an element of a convex set to be its numeraire is given, inspired from ideas in financial mathematics.
Connections
Explore this paper’s authors, topics and related work.
Building this map preview
BZPEER is loading the nearby papers, people, topics and institutions for this page.
Reviews 0
Write a review
No reviews yet.
Discussion 0
Add a comment
No comments yet.