Lemma 5.1.1 (Fixed Point Lemma)
The following is used in the Fixed Point Lemma (5.1.1):
Writing the
-strategy as

we have

But
so the two sums cancel to obtain
.
Definition/Proposition 5.1.2 (MarketMaker)
Lemma 5.1.3 (MarketMaker Inexploitability)
Definition/Proposition 5.2.1 (Budgeter)
Lemma 5.2.2 (Properties of Budgeter)
Proposition 5.3.1 (Redundant Enumeration of e.c. Traders)
Definition/Proposition 5.3.2 (TradingFirm)
Lemma 5.3.3 (Trading Firm Dominance)
See also