Pareto improving price regulation when the asset market is incomplete

DOI10.1007/s00199-003-0431-yzbMath1114.91040OpenAlexW2418268737MaRDI QIDQ1780160

P. Jean-Jacques Herings, Herakles M. Polemarchakis

Publication date: 7 June 2005

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

Full work available at URL: https://cris.maastrichtuniversity.nl/en/publications/cf12b7c7-8c32-40c9-a3c4-10278929ec66

zbMATH Keywords

incomplete marketfix-price equilibrium

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Microeconomic theory (price theory and economic markets) (91B24) Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (9)

Time-inconsistent preferences in a general equilibrium model ⋮ Endowment redistribution and Pareto improvements in GEI economies ⋮ The composite iteration algorithm for finding efficient and financially fair risk-sharing rules ⋮ Core concepts for incomplete market economies ⋮ The taxation of trades in assets ⋮ Externalities, consumption constraints and regular economies ⋮ Risk measures in ordered normed linear spaces with non-empty cone-interior ⋮ Equilibria with coordination failures ⋮ Constrained suboptimality when prices are non-competitive

This page was built for publication: Pareto improving price regulation when the asset market is incomplete