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Dynamic Arbitrage: Options

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Arbitrage

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Abstract

This chapter continues the application of the basic arbitrage theorem in a many-period setting to value call and put options, and thus to value all derivative securities.

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Bibliography

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Author information

Authors and Affiliations

  1. University of Kent, UK

    Michael Allingham (Professor of Economic Theory)

Authors
  1. Michael Allingham
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© 1991 Michael Allingham

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Cite this chapter

Allingham, M. (1991). Dynamic Arbitrage: Options. In: Arbitrage. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-21385-6_6

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