start from two simple, economically motivated axioms, namely absence of arbitrage (in the sense of NUPBR) and absence of … valuing by absence of arbitrage alone. We show that this always yields put-call parity, although put and call values …

The overlapping expectations and the collective absence of arbitrage conditions introduced in the economic literature … absence of arbitrage conditions and shown to imply existence of Pareto optima and Arrow Debreu equilibria. …

The overlapping expectations and the collective absence of arbitrage conditions introduced in the economic literature … absence of arbitrage conditions and shown to imply existence of Pareto optima and Arrow-Debreu equilibria. …

The overlapping expectations and the collective absence of arbitrage conditions introduced in the economic literature … absence of arbitrage conditions and shown to imply existence of Pareto optima and Arrow Debreu equilibria. …

The overlapping expectations and the collective absence of arbitrage conditions introduced in the economic literature … collective absence of arbitrage conditions and shown to imply existence of Pareto optima and Arrow Debreu equilibria. …

The overlapping expectations and the collective absence of arbitrage conditions introduced in the economic literature … collective absence of arbitrage conditions and shown to imply existence of Pareto optima and Arrow Debreu equilibria. …