Planning for the oral exam: You are welcome any time, taking the exceptions below into account. You can make an appointment for a date that suits you and on which you think that you will be well prepared. Made appointments can always be shifted to a later date in the future, should you wish so (it doesn't make sense to have the exam, while you think that you need more time for preparation). I will not be available in the periods 22 November - 2 December and 13 - 20 December. Appointments between Christmas and New Year are in principle not excluded.
| 1 |
Class: Sections 1.1, 1.2 up to Theorem 1.15
Homework: Exercises 1.1, 1.3. |
| 2 |
Class: Section 1.2 from Definition 1.16, Section 1.3
Homework: Exercises 1.2, 1.4, 1.5. |
| 3 |
Class: Most of Sections 2.1, 2.2 (skip Proposition 2.10)
Homework: Exercises 2.1, 2.3, 2.5. |
| 4 |
Class: Section 3.1 up to Lemma 3.7
Homework: Exercise 3.1 |
| 5 |
Class: Section 3: Theorem 3.9, Section 4.1
Homework: Exercises 3.3, 4.1, 4.2 |
| 6 |
Class: Sections 4.2, 5.1
Homework: Exercises 5.2, 5.5 |
| 7 |
Class: Section 6.1
Homework: Exercises 6.2, 6.3 |
| 8 |
Class: Section 7.1
Homework: Exercises 7.1, 7.3 (look at Definition 6.12 of the relative entropy), 7.4 |
| 9 |
Class: Sections 8.1, 8.2
Homework: Read the end of Section 8.2 and make exercises 8.1, 8.2, 8.3 |
| 10 |
Class: Section 8.3 and part of Theorem 8.22
Homework: Exercises 8.5, 8.6 |
| 11 |
Class: Sections 8.4, parts of Section 9.1
Homework: Read Section 8.5, make Exercises 8.8, 9.2 |
| 12 |
Class: Remainder of Section 9.1, parts of Sections 9.2, 9.3
Homework: Exercises 9.4, 9.7 Remark: The problem that I encountered in the text on the bottom of page 80 can indeed easily be solved. The condition $E^\star C_1+C_0=w$ implies that $C_1$ has a unique price (under any risk neutral measure). By Proposition 1.21 this implies that $C_1$ is attainable, from which the assertion should follow. Something similar applies to Proposition 9.16, where you could use Theorem 8.20 to conclude that the $\gamma_t$ are attainable. |