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From the Publisher:
Proof of the "Fundamental Theorem of Asset Pricing" in its general form by Delbaen and Schachermayer was a milestone in the history of modern mathematical finance and now forms the cornerstone of this book.Puts into book format a series of major results due mostly to the authors of this book.Embeds highest-level research results into a treatment amenable to graduate students, with introductory, explanatory background.Awaited in the quantitative finance community.