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Again, I am very surprised that people would down-vote this. The post articulates the core idea behind Arrow-Debreu securities, and taking the question serious
by rmrfstar 7y ago
Again, I am very surprised that people would down-vote this. The post articulates the core idea behind Arrow-Debreu securities, and taking the question seriously could yield some very interesting discussion about prices.
https://en.wikipedia.org/wiki/State_prices https://en.wikipedia.org/wiki/State_prices