Unfortunately nobody has a good answer to your question. At least none that would satisfy me. The aggregation problem is the hardest part of the problem and hasn’t been answered adequately yet. Without such an answer CEV remains basically undefined. (This is something that troubles me.)
Unfortunately nobody has a good answer to your question. At least none that would satisfy me. The aggregation problem is the hardest part of the problem and hasn’t been answered adequately yet. Without such an answer CEV remains basically undefined. (This is something that troubles me.)
I see. Thanks; that is enlightening. I had gotten the impression that this was the case, but wasn’t sure.