Existence of equilibrium in incomplete markets with intermediation costs

DOI10.1016/0304-4068(95)00726-1zbMath0853.90018OpenAlexW2047004261MaRDI QIDQ1919717

Christophe Préchac

Publication date: 17 October 1996

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

Full work available at URL: https://doi.org/10.1016/0304-4068(95)00726-1

zbMATH Keywords

general equilibrium modelsincomplete marketstransaction costsintermediation costs

Mathematics Subject Classification ID

General equilibrium theory (91B50)

Related Items (4)

On financial equilibrium with intermediation costs ⋮ General economic equilibrium with financial markets and retainability ⋮ Financial markets with endogenous transaction costs ⋮ Cross-listed securities and multiple exchange memberships: demand differentiability and equilibrium existence

Cites Work

• Unnamed Item
• Martingales and arbitrage in multiperiod securities markets
• On the optimality of equilibrium when the market structure is incomplete
• General equilibrium with producers and brokers. Existence and regularity
• Inefficiency and the Demand for "Money" in a Sequence Economy
• Existence of financial market equilibria with transaction costs
• On Transaction Costs, Inessential Sequence Economies and Money
• Existence of Equilibrium of Plans, Prices, and Price Expectations in a Sequence of Markets
• Existence of an Equilibrium for a Competitive Economy

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