Securities and Arbitrage
Michael Allingham
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Michael Allingham: University of Kent
Chapter 1 in Arbitrage, 1991, pp 3-15 from Palgrave Macmillan
Abstract:
Abstract This book uses the concept of arbitrage to value securities. This introductory chapter provides an informal introduction to securities, arbitrage and related concepts.
Keywords: Equilibrium Price; Financial Economic; Limited Liability; Security Market; Security Price (search for similar items in EconPapers)
Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-21385-6_1
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DOI: 10.1007/978-1-349-21385-6_1
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