Bich, Philippe; Cornet, Bernard - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2009
This paper proves the existence of a pseudo-equilibrium in a financial economy with incomplete markets in which the agents may have nonordered preferences. We will use a fixed-point-like theorem of Bich and Cornet that generalizes the results by Hirsch, Magill, Mas-Colell [18] and Husseini,...