Kabanov, Yuri; Lépinette, Emmanuel - In: Journal of Mathematical Economics 49 (2013) 6, pp. 478-487
Inspired by the theory of financial markets with transaction costs, we study a concept of essential supremum in the framework where a random partial order in Rd is lifted to the space L0(Rd) of d-dimensional random variables. In contrast to the classical definition, we define the essential...