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Projections and Conditional Expectations

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Abstract

Given a Hilbert space (or more generally, an inner product space) V, suppose V is the direct sum of a closed subspace M and its orthogonal complement MΓ:

$$V = M \oplus {M^ \bot }$$

.

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© 1998 Springer-Verlag London

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Bingham, N.H., Kiesel, R. (1998). Projections and Conditional Expectations. In: Risk-Neutral Valuation. Springer Finance. Springer, London. https://doi.org/10.1007/978-1-4471-3619-4_10

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  • DOI: https://doi.org/10.1007/978-1-4471-3619-4_10

  • Publisher Name: Springer, London

  • Print ISBN: 978-1-4471-3621-7

  • Online ISBN: 978-1-4471-3619-4

  • eBook Packages: Springer Book Archive

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