Viable prices in financial markets with solvency constraints
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Keywords
Solvency
Viability
Collateral value
Martingalis
JEL classification
O21
213
520
Cited by (0)
- 1
I am grateful to Darrell Duffie, Philip Dybvig, Michael Harrison, Hua He, Steven Huddart, David Kreps, Kenneth Singleton, Costis Skiadas and, especially, Chi-fu Huang for very helpful discussions and comments. Kerry Back pointed out an error in a previous version. That and all remaining errors are mine.
Copyright © 1995 Published by Elsevier B.V.