Sentence examples for market completeness from inspiring English sources

The CAPM does not rely on complete markets so that there is no market completeness that would contribute to a unique solution.

Due to market completeness the SDFs of the two agents are equal.

Market completeness and possible tax advantages may also play a role in SP demand and the rapid expansion of this new derivatives market.

Within the framework of a linear model of credit risk, the issue of market completeness and various methods for replication were studied in several works (see, in particular, Bielecki et al. (2004,2006,2008).

appears as a natural notion for robust hedging under market completeness for every prior and is well-studied in the literature (cf. Avellaneda et al. 1995; Lyons 1995; Nutz and Soner 2012; Neufeld and Nutz 2013; Epstein and Ji 2013; Vorbrink 2014), where for the above reason it is standard to assume zero drift.

One needs first to address the issues of regularity and completeness of market models with default times.

From the financial perspective, to ensure the completeness of the market model at hand, one would need to postulate that some defaultable securities (typically, defaultable bonds issued by the two parties or credit default swaps) are among primary traded assets.

To address this issue, we focus on the open-economy dimension and make simplifying assumptions concerning the completeness of insurance markets.

We selected the hospitals with >70% completeness of patient postcodes and a defined local market area.

The market for VR shrank to zero almost overnight; its speed and completeness foreshadowed the dot-com boom and bust of 2000-2001.

For completeness, information for cerivastatin was included despite its withdrawal from the market.