Implementing Arrow-Debreu equilibria by trading infinitely-lived securities

DOI10.1007/s00199-004-0496-2zbMath1112.91046OpenAlexW2782112536MaRDI QIDQ1762757

Jan Werner, Kevin X. D. Huang

Publication date: 11 February 2005

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://digitalcommons.usu.edu/cgi/viewcontent.cgi?article=1196&context=eri

zbMATH Keywords

transfersprice bubblesArrow-Debreu equilibriumconsumption planesdynamic competitive economiesinfinite-time economyinfinitely-lived securitiessecurity markets equilibrium

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Derivative securities (option pricing, hedging, etc.) (91G20) Special types of economic markets (including Cournot, Bertrand) (91B54)

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