Potentials and Positive Interest
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In this chapter we describe two approaches to interest rate theory which are built on probabilistic potential theory. This approach leads to positive interest rates and there is a nice connection to the stochastic discount factor. We present two alternatives: the Flesaker–Hughston approach, and the Rogers approach.
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2005 ◽
Vol 13
(2)
◽
pp. 133-143
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2019 ◽
Vol 09
(04)
◽
pp. 1950013
◽
2021 ◽
Vol 1
(1)
◽
pp. 46-50
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