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  • Arbitrage and Rational Decisions

    by Robert Nau ...
    Series series Chapman and Hall/CRC Financial Mathematics Series
    This unique book offers a unified approach to the modeling of rational decision-making under conditions of uncertainty and strategic and competitive interactions among agents. Its most elementary axiom of rationality is the principle of no-arbitrage, namely that neither an individual decision maker nor a small group of strategic competitors nor a large group of market participants should behave in ... Read more

    $132.99 USD