4 papers
An analysis of Wardrop equilibrium and social optimum in congested transit networks
Victoria M. Orlando, Iván L. Degano, Pablo A. Lotito
The effective design and management of public transport systems are essential to ensure the best service for users. The performance of a transport system will depend heavily on use…
No-Arbitrage Symmetries
I. L. Degano, S. E. Ferrando, A. L. Gonzalez
The no-arbitrage property is widely accepted to be a centerpiece of modern financial mathematics and could be considered to be a financial law applicable to a large class of (ideal…
Trajectory based models. Evaluation of minmax pricing bounds
Ivan Degano, Sebastian Ferrando, Alfredo Gonzalez
The paper studies sub and super-replication price bounds for contingent claims defined on general trajectory based market models. No prior probabilistic or topological assumptions…
Discrete, Non Probabilistic Market Models. Arbitrage and Pricing Intervals
Sebastian E. Ferrando, Alfredo L. Gonzalez, Ivan L. Degano +1
The paper develops general, discrete, non-probabilistic market models and minmax price bounds leading to price intervals for European options. The approach provides the trajectory…