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A NEW PROOF OF THE EXISTENCE OF EQUILIBRIUM IN INCOMPLETE MARKETS ECONOMIES
Monteiro, Paulo Klinger - EconWPA - 1994
In this paper I give a new proof of equilibrium existence in incomplete markets economies with a continuum of states.
Persistent link: https://www.econbiz.de/10005125643
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A concretization of Mas-Colell and Zame's counter-example
Monteiro, Paulo Klinger - EconWPA - 1994
In this note I explictly construct utility functions that (more or less) satisfy the conditions needed for the counterexample of Mas-Colell and Zame(1992)
Persistent link: https://www.econbiz.de/10005556693