Principles for modelling financial markets and the optimal growth of wealth process

Principles for modelling financial markets and the optimal growth of wealth process

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Article ID: iaor200035
Country: China
Volume: 21
Issue: 2
Start Page Number: 171
End Page Number: 178
Publication Date: Apr 1998
Journal: Acta Mathematicae Applicatae Sinica
Authors:
Abstract:

In this paper, the author extends the principle for modelling of the growth of wealth under two cases. After discussing the third principle, this paper deals with the relationship between minimization of arbitrage information and the optimal growth of wealth process.

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