LeRoy, Stephen F.; Werner, Jan - 2001
This graduate-level 2001 introduction links financial economics with equilibrium theory and emphasises two-date models. … -- Bibliography -- 6 State Prices and Risk-Neutral Probabilities -- 6.1 Introduction -- 6.2 State Prices -- 6.3 Farkas-Stiemke Lemma … -- 6.4 Diagrammatic Representation -- 6.5 State Prices and Value Bounds -- 6.6 Risk-Free Payoffs -- 6.7 Risk …