Risk externalities: when financial imperfections are not the problem, but part of the solution

DOI10.1016/j.jmateco.2018.03.008zbMath1416.91251OpenAlexW2802458530MaRDI QIDQ1669112

Andrés Carvajal, Maria Arvaniti

Publication date: 30 August 2018

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jmateco.2018.03.008

zbMATH Keywords

financial marketsexternalitiesconstrained inefficiency

Mathematics Subject Classification ID

General equilibrium theory (91B50)

Related Items (1)

Optimal extended liability rule in a competitive financial market with heterogeneous borrower firms

Cites Work

• Pareto improving taxes
• Nash-Walras equilibria
• Generic existence of competitive equilibria with restricted participation
• Constrained suboptimality in incomplete markets: A general approach and two applications
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• The Inefficiency of the Stock Market Equilibrium
• Incentives in Teams
• Optimal Allocation of Public Goods: A Solution to the "Free Rider" Problem
• Robustly Coalition-Proof Incentive Mechanisms for Public Good Provision are Voting Mechanisms and Vice Versa: TABLE 1
• Generic regularity of competitive equilibria with restricted participation

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