---
title: Coherent Risk Measure on L0: NA Condition, Pricing and Dual Representation
url: https://www.ml-quant.com/papers/doi/10-1142-s0219024921500370/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: doi:10.1142/s0219024921500370
source_url: http://dx.doi.org/10.1142/s0219024921500370
featured: 2024-05-15
citations: 0
topic: Derivatives & Volatility
---


# Coherent Risk Measure on L0: NA Condition, Pricing and Dual Representation

The article presents a revised version of the fundamental theorem of asset pricing in financial market models, demonstrating that all risk-hedging prices are consistent under the NA condition.

- Source: http://dx.doi.org/10.1142/s0219024921500370
- Identifier: doi:10.1142/s0219024921500370
- Released: 2024-05-10
- First featured: Quant Letter No. 49 (2024-05-15): https://www.ml-quant.com/issues/2024-05-15/
- Citations (Semantic Scholar): 0
- Published in: International Journal of Theoretical and Applied Finance
- Topic: Derivatives & Volatility

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