Existence of competitive equilibrium with incomplete markets (Q1098749): Difference between revisions

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Revision as of 01:30, 20 March 2024

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Existence of competitive equilibrium with incomplete markets
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    Existence of competitive equilibrium with incomplete markets (English)
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    1988
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    The existence of competitive equilibrium is proved for a model with incomplete futures markets. The security returns in this model are denominated in terms of units which represent certain composite commodities specific to events.
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    existence of competitive equilibrium
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    incomplete futures markets
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