Continuous-time trading and emergence of randomness

Vladimir Vovk

doi:10.1080/17442500802221712

Continuous-time trading and emergence of randomness

Vladimir Vovk

Research output: Working paper

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Abstract

A new definition of events of game-theoretic probability zero in continuous time is proposed and used to prove results suggesting that trading in financial markets results in the emergence of properties usually associated with randomness. This paper concentrates on "qualitative" results, stated in terms of order (or order topology) rather than in terms of the precise values taken by the price processes (assumed continuous).

Original language	English
DOIs	https://doi.org/10.1080/17442500802221712
Publication status	Published - 8 Dec 2007

Keywords

q-fin.TR
math.PR
60G17, 60G05, 60G44

Access to Document

10.1080/17442500802221712

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Cite this

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