Non-existence of equilibrium in an incomplete stock market economy

DOI10.1016/S0304-4068(00)00059-8zbMath0993.91026MaRDI QIDQ5931983

Takeshi Momi

Publication date: 22 September 2002

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

zbMATH Keywords

incomplete stock marketmarketmarket equilibrium

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) General equilibrium theory (91B50)

Related Items (5)

Constrained efficiency versus unanimity in incomplete markets ⋮ Strategic market games: an introduction. ⋮ Nonexistence of constrained efficient production plans ⋮ Equilibrium pricing of commodity spot and forward under incomplete markets with implications on convenience yield ⋮ Robust nonexistence of equilibrium with incomplete markets

Cites Work

• Generic inefficiency of stock market equilibrium when markets are incomplete
• A geometric approach to a class of equilibrium existence theorems
• Existence of equilibrium with incomplete markets
• Equilibrium in incomplete markets. I: A basic model of generic existence
• On the optimality of equilibrium when the market structure is incomplete
• A Theory of Competitive Equilibrium in Stock Market Economies
• Unnamed Item

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