-arbitrage relations through the correlation structure of interest rates. Therefore, unspanned stochastic volatility (USV) as well as … between the bond price dynamics and the subordinated stochastic volatility process, whereas Random Field models allow for a …

Die Theorie der Finanzmärkte befindet sich in einem Paradigmenwechsel. Da klassische Ansätze zur Analyse von …

bezüglich aller zukünftigen Renditen entsprechen. So plausibel dieser Zusammenhang in der Theorie ist, so komplex und …

of both levels of socio-finance are presented, and it is shown, in particular, how complexity theory provides the … broad introduction to the standard economic theory of rational financial markets and will come to understand its … shortcomings with the help of concrete examples. Complexity theory is then introduced in order to properly account for behavioral …