Showing 1 - 10 of 11,164
Persistent link: https://www.econbiz.de/10005729599
Persistent link: https://www.econbiz.de/10005619196
Persistent link: https://www.econbiz.de/10005647017
Persistent link: https://www.econbiz.de/10005625584
of different pricing scheme. We look at Boiteux-Ramsey Pricing, Marginal Cost Pricing as well as an arbitrary water … pricing increase for the agriculture sectors. A standard AGE was adapted by explicitly modeling water production with its …-Ramsey pricing seems to be the best alternative. Moreover, we show that BRP become more clearly advantageous vs MCP the more rigid …
Persistent link: https://www.econbiz.de/10005475135
function. Given a price system, no-arbitrage pricing results are provided for the price of each money and the nomial exchange …
Persistent link: https://www.econbiz.de/10005245308
Persistent link: https://www.econbiz.de/10005245310
construct a continuous-time equilibrium via a representative agent with stochastic weights. Agents differ in their pricing of …
Persistent link: https://www.econbiz.de/10005245346
We study the dynamic equilibrium behavior of security prices in an economy where nonfundamental risk arises from agents' heterogeneous beliefs about extraneous processes. We provide a complete characteriszation of equilibrium in terms of the primitives of the economy, via construction of a...
Persistent link: https://www.econbiz.de/10005245353
Persistent link: https://www.econbiz.de/10005729633