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The main contribution of the paper is to provide a weaker non-satiation assumption than the one commonly used in the … literature to ensure the existence of competitive equilibrium. Our assumption allows for satiation points in the set of … individually feasible consumptions, provided that the consumer has satiation points available to him outside this set. As a result …
Persistent link: https://www.econbiz.de/10005220165
quasiequilibrium under a weak non-satiation condition which differs from the weak non-satiation assumption introduced by Allouch-Le Van …
Persistent link: https://www.econbiz.de/10009024936
topological space ?. The first part characterizes the strong and weak impatience in the context of discrete and continuous time … impatience of the decision maker translates into continuity properties of the capacity. In the second part, we recall the …
Persistent link: https://www.econbiz.de/10008622063
We report in this paper the result of three experiments on risk, ambiguity and time attitude. The first two differed by the population considered (students vs general population) while the third one used a different protocol and concerned students and portfolio managers. We find quite a lot of...
Persistent link: https://www.econbiz.de/10004991603