Timed tuplix calculus and the Wesseling and van den Bergh equation

Open Access
Authors
Publication date 2009
Number of pages 14
Publisher Ithaca, NY: ArXiv
Organisations
  • Faculty of Science (FNWI) - Informatics Institute (IVI)
Abstract We formalize a cumulative interest compliant conservation requirement for pure financial products proposed by Wesseling and van den Bergh to make financial issues relating to these products amenable to mathematical analysis. The formalization is given in a timed extension of tuplix calculus and abstracts from the idiosyncrasies of time measurement. We also use the timed tuplix calculus to show how wanted financial behaviours may profit from using pure financial products.
Document type Report
Published at http://arxiv.org/abs/0901.3003
Downloads
319463.pdf (Submitted manuscript)
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