Imperfect Information and Complete Asset Markets in Continuous Time

This chapter is, first, an introduction to the theory of financial markets in continuous time. The framework is laid out for the applications to the theory of interest rates in the following chapters. Furthermore, I present two extensions of the established theory. The first is of a technical nature, concerned with removing a boundedness assumption made up to now in the pertinent literature, and the second is to demonstrate how imperfect information, in this setting, leads to complete asset markets.