A second welfare theorem for constrained efficient allocations in incomplete markets

DOI10.1016/0304-4068(94)00702-CzbMath0843.90017OpenAlexW2076991181MaRDI QIDQ1906060

Wan-hsiang Pan

Publication date: 19 August 1996

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0304-4068(94)00702-c

zbMATH Keywords

constrained efficiencyincomplete markets equilibriumtwo period incomplete markets model

Mathematics Subject Classification ID

General equilibrium theory (91B50)

Related Items (2)

Financial intermediation and the welfare theorems in incomplete markets ⋮ Nonexistence of constrained efficient production plans

Cites Work

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• An exact sequence in differential topology

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