General Financial Transactions and Applications to the Theory of Teichroew Robichek & Montalbano

Authors
Promislow, S. David Spring, David
Citation
Promislow, S. David et Spring, David, General Financial Transactions and Applications to the Theory of Teichroew Robichek & Montalbano, Actuarial research clearing house ARCH;A.R.C.H. , 1(1), 1993, pp. 283-290
Journal title
Actuarial research clearing house ARCH;A.R.C.H. → ACNP
ISSN journal
07325428
Volume
1
Issue
1
Year of publication
1993
Pages
283 - 290
Database
ACNP
SICI code
Abstract
The theory of Teichroew, Robicheck, and Montalbano is concerned with assigning internal rates of retur to arbitrary financial projects. Their work was carried out in a discrete model. Our goal is to establish the main results in a more general setting, where cash flows are given by signed measures.