Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/85232
Authors: 
Kohlmann, Michael
Year of Publication: 
2000
Series/Report no.: 
CoFE Discussion Paper 00/11
Abstract: 
In both complete and incomplete markets we consider the problem of fulfilling a financial obligation xc as well as possible at time T if the initial capital is not sufficient to hedge xc. This introduces a new risk into the market and our main aim is to minimize this shortfall risk by making use of results from bsde theory.
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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