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Finding 2885Emerging EvidenceValidation V0

The paper revolutionizes asset pricing by extending arbitrage-free pricing to markets with frictions, such as transaction costs and bid-ask spreads, where traditional models have struggled to provide realistic solutions.

78%Confidence
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Evidence trail

Supporting78% linkage confidence
The paper revolutionizes asset pricing by extending arbitrage-free pricing to markets with frictions, such as transaction costs and bid-ask spreads, where traditional models have struggled to provide realistic solutions.

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Inspect source: Characterizing arbitrage-free Choquet pricing →
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This Finding was extracted from the configured corpus. It is versioned, traceable, and may evolve through editorial review or new corpus evidence.