Limited arbitrage is necessary and sufficient for the existence of a competitive equilibrium and the core, and limits voting cycles
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Publication:5894623
DOI10.1016/0165-1765(94)90152-XzbMath0875.90056MaRDI QIDQ5894623
Publication date: 28 February 1997
Published in: Economics Letters (Search for Journal in Brave)
Related Items (6)
A topological invariant for competetive markets ⋮ Limited arbitrage is necessary and sufficient for the existence of an equilibrium ⋮ Arbitrage, equilibrium, and gains from trade: A counterexample ⋮ Sustainable markets with short sales ⋮ Topology and invertible maps ⋮ Markets with endogenous uncertainty theory and policy
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