On the support of extremal martingale measures

4 novembre 2015

Luogo: Dipartimento di Matematica, via Sommarive, 14 - Povo (TN) - Aula Seminari

Ore 15:00

Relatore:

  • Luciano Campi ( LSE )

Abstract:
After discussing some characterisations of extremal measures with given marginals available in the literature, going from functional analysis to combinatorics, we will turn to their martingale counterparts whose study is related to robust pricing and hedging. In particular, we will give some sufficient and necessary conditions with a geometric and combinatorial flavour for a given set to be the support of an extremal martingale measure with pre-specified discrete marginals. Some open problems will be discussed as well. This is based on joint work with Claude Martini.

Il seminario si svolge all'interno del progetto Research in Pairs "McKean-Vlasov dynamics with Lévy noise with applications to systemic risk" , L.Campi e L. Di Persio  , finanziato dal CIRM




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Luca Di Persio - PhD
assistant professor of
Probability and Mathematical Finance

Dept. Informatics University of Verona
strada le Grazie 15 - 37134 Verona - Italy
Tel  :   +39  045  802 7968

Dept. Math  University of Trento
V. Sommarive, 14 - 38123 Povo - Italy
Tel  :   +39  0461  281686