Excellence in Research and Innovation for Humanity

ICIMFD 2017 : 19th International Conference on Incomplete Markets and Further Developments

Durban, South Africa
January 12 - 13, 2017

Call for Papers

The ICIMFD 2017 : 19th International Conference on Incomplete Markets and Further Developments is the premier interdisciplinary platform for the presentation of new advances and research results in the fields of Incomplete Markets and Further Developments. The conference will bring together leading academic scientists, researchers and scholars in the domain of interest from around the world. Topics of interest for submission include, but are not limited to:
  • Incomplete markets
  • Markets, securities and market incompleteness
  • Possible reasons for market incompleteness
  • Failure of the standard complete markets model
  • Modeling market incompleteness
  • Standard practice
  • Production and the stock market
  • Sub-optimality of competitive equilibrium
  • Nominal securities, indeterminacy, sunspots and real effects of money
  • The apparent and real problems
  • Security structure
  • Further developments
  • The over-the-counter market
  • Causes of incompleteness
  • Insufficient span of marketed assets
  • Market frictions
  • Ambiguity
  • Pricing and optimization
  • Portfolio optimization
  • Opportunity
  • Local vs. global
  • No-arbitrage pricing
  • Indifference pricing
  • Marginal pricing
  • Expected utility
  • Issues in pricing and expected utility examples
  • Entropy and exponential utility
  • Loss, quantiles and prediction
  • Ambiguity and robustness