
Title

Zeitstetige Modellierung von Preisprozessen auf Finanzmrkten: Zur Interpretation und Notwendigkeit der Usual Conditions (German ,Used
Delivery time: 8-12 business days (International)
Product Description Stefan Klner stellt den ZustandsPrferenzAnsatz von Arrow und Debreu, detailliert vor. Unter Modifikation der Theorie der Stochastischen Integration zeigt er, dass er in einer Version ohne Usual Conditions ein sinnvolles Modell zur Analyse von Entscheidungssituationen auf Finanzmrkten ist. From the Back Cover Die Bedeutung von Derivaten fr Anleger auf Finanzmrkten nimmt zu. Gleichzeitig wird es immer wichtiger, bei der Entscheidung ber Kauf und Verkauf derartiger Titel die Unsicherheit der zuknftigen Preisentwicklung zu bercksichtigen. Die Annahmen, die den bei der Analyse derartiger Entscheidungssituationen hufig verwendeten Modellen zugrunde liegen, wurden bisher allerdings kaum in Frage gestellt und als 'bewhrt' akzeptiert. Stefan Klner stellt den ZustandsPrferenzAnsatz von Arrow und Debreu, eines der Standardmodelle zur Analyse von Entscheidungssituationen auf Kapitalmrkten, detailliert vor. In dessen Annahmenkatalog sind die sogenannten Usual Conditions von zentraler Bedeutung. Es wird deutlich, dass diese mit den brigen Modellannahmen nur unbefriedigend harmonieren und ihre Anwendung schlecht zu rechtfertigen ist. Unter Modifikation der Theorie der Stochastischen Integration zeigt der Autor, dass der ZustandsPrferenzAnsatz in einer Version ohne Usual Conditions ein sinnvolles Modell zur Analyse von Entscheidungssituationen auf Finanzmrkten ist. About the Author Dr. Stefan Klner ist wissenschaftlicher Mitarbeiter von Prof. Dr. Ralph Friedmann am Lehrstuhl fr Statistik und konometrie der Universitt des Saarlandes, Saarbrcken.
By changing our most important processes and
products, we have already made a big leap forward. This ranges from the
increased use of more sustainable fibers to the use of more
environmentally friendly printing processes to the development of
efficient waste management in our value chain.
Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
Secure Payment
Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.
Secure Payment
Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.