【摘要】 本文研究具有摩擦的证券市场中资产定价 ,即在局部凸拓扑空间中弱与强无套利、弱与强近似无套利及弱与强没有免费午餐 .我们建立了这三个概念之间的关系并且解决了资产定价理论的估值问题 .更多还原

【Abstract】 This paper studies asset pricing in frictional security markets.The mathemationcal formulation is based on a locally convex topological space for arbitrage freeness,approximate arbitrage freeness and no free lunches.We establish the relations of these concepts and solve the valuation problem in asset pricing theory.更多还原