KnowraRisk-neutral measureLinked fromLinked fromThe 9 pages that link to Risk-neutral measure, each with the reason it gives.All 9Related 9Black–Scholes modelRelated: The model prices options as discounted expected payoffs under risk-neutral probabilities.MartingaleRelated: Derivative pricing uses martingale expectations under this measure.Black–Scholes equationRelated: Risk-neutral valuation connects the equation to expected discounted payoffs.Fischer BlackRelated: It expresses the model’s no-arbitrage valuation as an expected discounted option payoff.Itô's lemmaRelated: The lemma expresses price dynamics under this measure for derivative valuation.Myron ScholesRelated: It provides a pricing interpretation of the replication argument behind Black–Scholes.Robert C. MertonRelated: It provides a compact way to express the valuation results associated with continuous-time option pricing.Girsanov theoremRelated: Girsanov can change a model's asset drift to the risk-neutral drift.Fundamental theorem of asset pricingRelated: It expresses the pricing implications of the theorem in a familiar valuation framework.