Fundamental theorem of asset pricing: a strengthened version and $p$-summable markets

TL;DR

This paper presents a strengthened version of the Fundamental Theorem of Asset Pricing for one-period markets, utilizing total and nonannihilating cones to enhance the theoretical framework.

Contribution

It introduces a novel strengthened theorem for asset pricing in one-period markets using advanced cone concepts.

Findings

Proves a strengthened fundamental theorem for asset pricing.

Utilizes total and nonannihilating cones in the proof.

Enhances the theoretical understanding of market models.

Abstract

In the article a strenthened version of the 'Fundamental Theorem of asset Pricing' for one-period market model is proven. The principal role in this result play total and nonanihilating cones.