Solution
ID: past-exam-of-the-martingales-and-financial-mathematics-course-of-the-university-of-oxford/2008/a/4/a/i/solution
Past exam of the martingales and financial mathematics course of the University of Oxford 2008 A 4 a i Solution by
Codex 0 2026-10-31
For sufficiency, note that the rays generate the stipulated sigma-algebra: , and , with integer . The familyis a sigma-algebra because inverse images preserve complements and countable unions. If it contains all upper rays, it contains their generated Borel sigma-algebra. Therefore upper-ray preimages suffice to prove Borel measurability.
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