Implementing Arrow-Debreu equilibria by trading infinitely-lived securities
From MaRDI portal
Publication:1762757
DOI10.1007/s00199-004-0496-2zbMath1112.91046MaRDI QIDQ1762757
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
transfers; price bubbles; Arrow-Debreu equilibrium; consumption planes; dynamic competitive economies; infinite-time economy; infinitely-lived securities; security markets equilibrium
91B52: Special types of economic equilibria
91G20: Derivative securities (option pricing, hedging, etc.)
91B54: Special types of economic markets (including Cournot, Bertrand)
Related Items
Rational asset pricing bubbles and debt constraints, General equilibrium, wariness and efficient bubbles, General equilibrium, preferences and financial institutions after the crisis, Market power, survival and accuracy of predictions in financial markets, A remark on the fiscal theory of price determination