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By Darrell Duffie. His other books include Security Markets: Stochastic Models and Futures Markets. Author Darrell Duffie. Introduction to State Pricing 3 A. Arbitrage and State Prices 3 B. Risk-Neutral Probabilities 4 C. Optimality and Asset Pricing 5 D. Efficiency and Complete Markets 8 E. Optimality and Representative Agents 8 F. State-Price Beta Models 11 Exercises 12 Notes 17 2.
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