Aggregation, efficiency and mutual fund separation in incomplete markets

DOI10.1007/s001990050196zbMath0891.90023OpenAlexW2038439435MaRDI QIDQ1376965

Piero Gottardi, Jérôme B. Detemple

Publication date: 1 February 1998

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://cirano.qc.ca/files/publications/97s-11.pdf

zbMATH Keywords

aggregationincomplete marketscompetitive allocationsportfolio separationeffective completeness

Mathematics Subject Classification ID

General equilibrium theory (91B50)

Related Items (5)

Nash competitive equilibria and two-period fund separation ⋮ \(p\)-weakly constrained Pareto efficiency and aggregation in incomplete markets ⋮ GENERAL PROPERTIES OF ISOELASTIC UTILITY ECONOMIES ⋮ Stochastic differential game, Esscher transform and general equilibrium under a Markovian regime-switching Lévy model ⋮ An extension of Mantel (1976) to incomplete markets

This page was built for publication: Aggregation, efficiency and mutual fund separation in incomplete markets