Arbitrage, equilibrium, and gains from trade: A counterexample
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Publication:1383905
DOI10.1016/S0304-4068(96)00774-4zbMath0899.90015OpenAlexW2006572105WikidataQ124959393 ScholiaQ124959393MaRDI QIDQ1383905
Frank H. jun. Page, Myrna Holtz Wooders, Paulo Klinger Monteiro
Publication date: 13 April 1998
Published in: Journal of Mathematical Economics (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/s0304-4068(96)00774-4
counterexamplenecessary and sufficient conditionsrecession conesexistence of an equilibriumlimited arbitrage
Related Items
Limited arbitrage is necessary and sufficient for the existence of an equilibrium ⋮ Convergence of asymptotic directions ⋮ Increasing cones, recession cones and global cones ⋮ Arbitrage and asset prices ⋮ On the different notions of arbitrage and existence of equilibrium
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