rmrfstar·6 वर्ष पहले·discussAgain, 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
rmrfstar·6 वर्ष पहले·discussSuper confused that anyone would down-vote this. It is empirical reality [1].[1] https://faculty.fuqua.duke.edu/~charvey/Teaching/BA453_2004/...
https://en.wikipedia.org/wiki/State_prices