Search Results - subject:"equilibrium prices"

Equilibrium Pricing Bound on Option Prices.

Jouini, Elyès; Chazal, Marie - Université Paris-Dauphine - 2008

We consider the problem of valuing European options in a complete market but with incomplete data. Typically, when the underlying asset dynamics is not specified, the martingale probability measure is unknown. Given a consensus on the actual distribution of the underlying price at maturity, we...

Persistent link: https://www.econbiz.de/10008532688

Equilibria in markets with non-convexities and a solution to the missing money phenomenon in energy markets

MURATORE, Gabriella - Center for Operations Research and Econometrics (CORE), … - 2008

an energy-only market able to give investors the corect price signals. Keywords: energy markets, equilibrium prices … work of Arrow and Debrew, [5], who have proved the existence of competitive equilibrium prices for a general eco- nomic … Pareto e cient equilibrium prices but also to provide a method for computing them. We will apply our ndings to the energy …

Persistent link: https://www.econbiz.de/10005042837

Search costs decrease prices in a model of spatial competition

Braid, Ralph M. - In: Papers in regional science : the journal of the … 93 (2014) 1, pp. 125-139

Persistent link: https://www.econbiz.de/10010478062

Equilibrium Pricing Bounds on Option Prices

Jouini, Elyès; Chazal, Marie - HAL - 2007

Persistent link: https://www.econbiz.de/10008793835

Computing Alternating Offers and Water Prices in Bilateral River Basin Management

Houba, Harold - 2006

This contribution deals with the fundamental critique in Dinar et al. (1992, Theory and Decision 32) on the use of Game theory in water management: People are reluctant to monetary transfers unrelated to water prices and game theoretic solutions impose a computational burden. For the bilateral...

Persistent link: https://www.econbiz.de/10010325281

Computing alternating offers and water prices in bilateral river basin management

Houba, Harold - 2006

Persistent link: https://www.econbiz.de/10011349708

Computing Alternating Offers and Water Prices in Bilateral River Basin Management

Houba, Harold - Tinbergen Instituut - 2006

This discussion paper resulted in an article in the International Game Theory Review (2008), 10, 257-278. This contribution deals with the fundamental critique in Dinar et al. (1992, Theory and Decision 32) on the use of Game theory in water management: People are reluctant to monetary transfers...

Persistent link: https://www.econbiz.de/10011257198

Solving Share Equations in Logit Models Using the LambertW Function

Aravindakshan, Ashwin; Ratchford, Brian - In: Review of Marketing Science 9 (2011) 1, pp. 1-17

case, the prices of the focal firm and the competitor are dependent on each other; hence the equilibrium prices are …

Persistent link: https://www.econbiz.de/10014619509

Solving Share Equations in Logit Models Using the LambertW Function

Aravindakshan, Ashwin; Ratchford, Brian - In: Review of Marketing Science 9 (2011) 1, pp. 1-1

competitive case, the prices of the focal firm and the competitor are dependent on each other; hence the equilibrium prices are …

Persistent link: https://www.econbiz.de/10009001637

Convergence of the equilibrium prices in a family of financial models

Jouini, Elyès - HAL - 2003

In this paper, we consider a family of complete or incomplete Financial models such that the price processes of the Financial assets converge in distribution to those in a limit model. Different authors pointed out that we do not have necessarily convergence of the arbitrage pricing intervals in...

Persistent link: https://www.econbiz.de/10008788910