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:	Evstigneev, Igor ; Carlier, Guillaume
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 3.2001, 12, p. 1-8
Publisher:	AccessEcon

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	C0 - Mathematical and Quantitative Methods. General ; D5 - General Equilibrium and Disequilibrium
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005416852