Statements (18)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:alsoKnownAs |
state prices
|
| gptkbp:appliesTo |
uncertainty in markets
|
| gptkbp:basisFor |
derivative pricing
risk-neutral valuation |
| gptkbp:centralTo |
gptkb:Arrow-Debreu_model
|
| gptkbp:describes |
price of a security that pays one unit in a specific state and zero otherwise
|
| gptkbp:introducedIn |
1950s
|
| gptkbp:mathematicalRepresentation |
vector of state-contingent prices
|
| gptkbp:namedAfter |
gptkb:Kenneth_Arrow
gptkb:Gérard_Debreu |
| gptkbp:relatedTo |
complete markets
contingent claims |
| gptkbp:usedIn |
general equilibrium theory
financial economics |
| gptkbp:bfsParent |
gptkb:Ross_recovery_theorem
|
| gptkbp:bfsLayer |
8
|
| https://www.w3.org/2000/01/rdf-schema#label |
Arrow-Debreu prices
|