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I got this question
I got this question.show W(t)^n is a martingale, for each n .i think this is not true in general
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- futureoptions
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I got this question
How do you show W(t)^n is a Martingale for n=0 and 1?
Last edited by futureoptions on August 8th, 2010, 10:00 pm, edited 1 time in total.
I got this question
y=w^nuse ito's lemma to get dy=(something).dt + ...show something=0 to prove y is/isn't a driftless process