3 papers
q-fin.GN2013
Uncertainty and absence of arbitrage opportunity
Yaroslav Ivanenko, Illya Pasichnichenko
It is shown that absence of arbitrage opportunity in financial markets is a particular case of existence of uncertainty in decision system. Absence of arbitrage opportunity is cons…
q-fin.RM2010
On the nature of financial leverage
Yaroslav Ivanenko
The article presents a translation of some widespread financial terminology into the language of decision theory. For instance, financial leverage can be regarded as an object of c…
q-fin.PR2010
Price as a matter of choice and nonstochastic randomness
Yaroslav Ivanenko
A version of indifference valuation of a European call option is proposed that includes statistical regularities of nonstochastic randomness. Classical relations (forward contract…