RDP 9501: Modern Approaches to Asset Price Formation: A Survey of Recent Theoretical Literature
Equation (3)
x
t
=
1
(
1
+
a
)
∑
i
=
0
∞
(
a
1
+
a
)
i
.
E
[
z
t
+
i
|
I
t
]
≡
x
t
*
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