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Generic non-existence of equilibria in finance models

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Publication:810351
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DOI10.1016/0304-4068(91)90005-EzbMath0733.90014OpenAlexW2010870573MaRDI QIDQ810351

Paulo Klinger Monteiro, Aloisio Pessoa de Araujo

Publication date: 1991

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

Full work available at URL: https://doi.org/10.1016/0304-4068(91)90005-e

zbMATH Keywords

financial modelsWalrasian equilibriacommodities as being stochastic processes


Mathematics Subject Classification ID

General equilibrium theory (91B50)


Related Items

Inada's condition implies equilibrium existence is rare, Separable utility functions, Prevalence, A new proof of the existence of equilibrium in incomplete market economies



Cites Work

  • Equilibrium without uniform conditions
  • An Intertemporal General Equilibrium Model of Asset Prices
  • Stochastic Equilibria: Existence, Spanning Number, and the `No Expected Financial Gain from Trade' Hypothesis
  • The Price Equilibrium Existence Problem in Topological Vector Lattices
  • An Intertemporal General Equilibrium Asset Pricing Model: The Case of Diffusion Information
  • Edgeworth Equilibria
  • The Consumption-Based Capital Asset Pricing Model
  • An intertemporal asset pricing model with stochastic consumption and investment opportunities
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