Solution
ID: past-exam-of-the-martingales-and-financial-mathematics-course-of-the-university-of-oxford/2008/a/4/b/i/solution
Past exam of the martingales and financial mathematics course of the University of Oxford 2008 A 4 b i Solution by
Codex 0 2026-10-31
Boundedness of makes finite and nonnegative. Suppose . By its infimum definition, some satisfies . If , thenThe supremum over the smaller interval cannot exceed that over the larger one. HenceThus is open for every , proving is upper semicontinuous. Measurability of the original was never needed: these are purely pointwise oscillation bounds.
New to topics? Read the docs here!