Show that is a stopping time if and only if t F t t t t 0 U t 1 U U t t and t t t t n t t 1 ...

Show that is a stopping time if and only if { t} F t

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Show that τ is a stopping time if and only if {τ ≤ t} ∈ F_t.

{t t} = {t = 0} U {t=1} U... U {t=t} and {t=t} = {t t}n{t t - 1}.

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Mathematical Models Of Financial Derivative

ISBN: 9783642447938

2nd Edition

Authors: Yue-Kuen Kwok

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Question Posted: Dec 07, 2023 03:51 AM

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Show that is a stopping time if and only if { t} F t

Question:

{t ≤t} = {t = 0} U {t=1} U... U {t=t} and {t=t} = {t ≤t}n{t ≤t - 1}.

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Mathematical Models Of Financial Derivative

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