Existence of competitive equilibrium with incomplete markets (Q1098749)
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| Language | Label | Description | Also known as |
|---|---|---|---|
| English | 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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