On Dynkin's model of economic equilibrium under uncertainty.

The article analyzes the Dynkin (1975) stochastic model of economic equilibrium. We solve a question regarding this model that was open for a long time. We provide arguments yielding a complete proof of Dynkin's existence theorem for equilibrium paths.

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Year of publication:	2001
Authors:	Carlier, Guillaume ; Evstigneev, Igor
Institutions:	Université Paris-Dauphine
Subject:	Dynkin stochastic model

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Extent:	application/pdf
Series:	Open Access publications from Université Paris-Dauphine.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Published in Economics Bulletin (2001) v.3, p.1-8
Classification:	D5 - General Equilibrium and Disequilibrium ; C0 - Mathematical and Quantitative Methods. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009019020