Excess demand function around critical prices in incomplete markets

DOI10.1016/j.jmateco.2009.11.013zbMath1229.91217OpenAlexW1985347455MaRDI QIDQ972368

Takeshi Momi

Publication date: 25 May 2010

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

Full work available at URL: https://doi.org/10.1016/j.jmateco.2009.11.013

zbMATH Keywords

incomplete marketcharacterization of equilibrium budget setsdisaggregation of excess demand

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Consumer behavior, demand theory (91B42) Special types of economic markets (including Cournot, Bertrand) (91B54)

Related Items (2)

Existence and well-posedness for excess demand equilibrium problems ⋮ Failure of the index theorem in an incomplete market economy

Cites Work

• On the optimality of equilibrium when the market structure is incomplete
• On the equilibrium price set of an exchange economy
• Disaggregation of excess demand and comparative statics with incomplete markets and nominal assets
• Disaggregation of excess demand functions in incomplete markets
• Excess demand functions with incomplete markets -- a global result.
• A note on the decomposition (at a point) of aggregate excess demand on the Grassmannian
• Excess demand functions
• Excess demand functions and incomplete markets

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