2 problems

Kreps' conjecture. Under suitable conditions, the optimal expected utility for the sequence of discrete-time economies converges to the optimal expected utility of the Black–Schole…

Let $\mathbb{H}=\{\mathcal{H}_t\}_{t\in[0,T]}$ be the progressive inside-information filtration defined by … where $t+\varepsilon_t>T$ and $t+\varepsilon_t$ converges to $T$ as $t$…