What are the defining properties of a martingale?

Jul 6, 2021 ... Asymmetric information may stem from, e.g., the observation of different stochastic processes or partial knowledge of the structure of the game ... We explore the effect on investment quantity in this real option regulation under various assumptions on the stochastic process for revenues. On the one ... an information process with stochastic volatility. JEL classification: G12 ... Informational Con0 tent of Implied Volatility, Review of Financial ... In particular, the methods of analyzing the stochastic process of financial ... information, uncertainty, entropy, and ignorance in stochastic processes. Aug 8, 2024 ... Stochastic Processes and their Applications 55, 159 - 167 (1995). A stochastic process arising in sequential experimentation. Statistics ... Feb 8, 2012 ... ... informational privacy is the high uncertainty about ... stochastic processes, which fit into the Binomial Option Pricing Model (BOPM). This paper studies the existence of expectations equilibria for message processes on stochastic exchange environments. A message process which permits the ... ... Stochastic Processes and their Ap- plications, 74 (2) 195-201, 1998. 21 ... gineering and Informational Science, 18 (4) 493-502, 2004. 26. Zazanis ... ... Random Bridge market information process. This is the first attempt to ... Stochastic Processes and Their Applications, 121, 856-884. https://doi.org ... stochastic process. Mutual information based distance measure can thus be used to compare texts written by different authors or to build phylogenies of ...