Existence of equilibrium with incomplete markets
From MaRDI portal
Publication:909562
DOI10.1016/0304-4068(90)90035-8zbMath0694.90025OpenAlexW2051310750MaRDI QIDQ909562
Michael J. P. Magill, Jean-Michel Lasry, Sufian Husseini
Publication date: 1990
Published in: Journal of Mathematical Economics (Search for Journal in Brave)
Full work available at URL: https://ageconsearch.umn.edu/record/296068/files/usc033.pdf
Related Items (30)
Competitive equilibrium of incomplete markets for securities with smooth payoffs ⋮ On the existence of approximated equilibria in discontinuous economies ⋮ Generic existence of competitive equilibria when the asset market is incomplete: A symmetric argument ⋮ Computing equilibria of GEI by relocalization on a Grassmann manifold ⋮ Incomplete financial markets with real assets and wealth-dependent credit limits ⋮ Generic existence of competitive equilibria with restricted participation ⋮ On monopolistic equilibria with incomplete markets: The case of an exchange economy ⋮ Envy-free division via configuration spaces ⋮ Reduced equivalent form of a financial structure ⋮ Pareto improvement and agenda control of sequential financial innovations ⋮ Characterisation of generically complete real asset structures ⋮ A geometric approach to a class of equilibrium existence theorems ⋮ Solving systems of simultaneous equations in economics ⋮ An introduction to general equilibrium with incomplete asset markets ⋮ Equilibrium pricing of commodity spot and forward under incomplete markets with implications on convenience yield ⋮ Non-existence of equilibrium in an incomplete stock market economy ⋮ Discrete-time stochastic equilibrium with infinite horizon incomplete asset markets ⋮ Arbitrage and equilibrium with portfolio constraints ⋮ Equilibria in incomplete assets economies with infinite dimensional spot markets ⋮ Existence of equilibria with incomplete markets: The case of smooth returns ⋮ Existence of competitive equilibria for option markets ⋮ On the existence and the structure of the pseudo-equilibrium manifold ⋮ Extension of Stiemke's lemma and equilibrium in economies with infinite-dimensional commodity space and incomplete financial markets ⋮ Incomplete markets over an infinite horizon: Long-lived securities and speculative bubbles ⋮ Indeterminacy of Cournot-Walras equilibrium with incomplete markets ⋮ Computing equilibria in the general equilibrium model with incomplete asset markets ⋮ Arbitrage and asset prices ⋮ Existence of financial equilibria with restricted participation ⋮ Existence of financial equilibria with endogenous short selling restrictions and real assets ⋮ Equilibria with options: Existence and indeterminacy
Cites Work
- Characterisation of generically complete real asset structures
- A geometric approach to a class of equilibrium existence theorems
- Equilibrium in incomplete markets. I: A basic model of generic existence
- On the optimality of equilibrium when the market structure is incomplete
- Topological methods in Walrasian economics
- Characteristic Classes. (AM-76)
- The Graph of the Walras Correspondence
- Economies with a Finite Set of Equilibria
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
This page was built for publication: Existence of equilibrium with incomplete markets
