A model capital market fulfills the Spanning condition exactly then,

• if any introduction of a certain financing title and/or financing model in the model capital market does not make new available products possible,
• (thus in the language of the management economics:) if the quantity of available acquisitionable consumer positions does not experience any extension by arbitrary capital budgets.
• thus all kinds were acted already before there by payment stream, which are acted in the model capital market after introduction of a new financing title and/or financing model.

Characteristics

• If a model capital market is complete, then it fulfills also the Spanning condition.

See also

• Competitivity condition

Articles in category "Spanning condition"

We found here 10 articles.

Related Websites

We found here 3 related websites.

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