Effective securities in arbitrage-free markets with bid-ask spreads at liquidation: a linear programming characterization

Authors :: Baccara, Mariagiovanna
Battauz, Anna
Ortu, Fulvio
Source :: Journal of Economic Dynamics & Control. Jan, 2006, Vol. 30 Issue 1, p55, 25 p.
Publication Year :: 2006
Abstract: Linear programming is applied to analyze effective securities in a market characteristic of no arbitrage with bid ask prices at bankruptcy.

Subjects :: Letting of contracts -- Prices and rates
Linear programming -- Usage
Markets (Economics) -- Analysis
Securities -- Analysis
Securities -- Management
Company business management
Company pricing policy
Business
Economics

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