Endogenous formation of security exchanges

DOI10.1007/S00199-016-0989-9zbMATH Open1395.91297OpenAlexW3094481473MaRDI QIDQ2403451FDOQ2403451

Authors: Marta Faias, Jaime Luque 

Publication date: 8 September 2017

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

Full work available at URL: https://doi.org/10.1007/s00199-016-0989-9

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zbMATH Keywords

equilibriumrisk sharingclub theorysecurity pricesendogenous securities exchange structuremembership prices

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) General equilibrium theory (91B50) Public goods (91B18)

Cites Work

• Infinite dimensional analysis. A hitchhiker's guide.
• The structure of financial equilibrium with exogenous yields. The case of restricted participation
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• The epsilon core of a large replica game
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• Monopolistic behaviors and general equilibrium: A generalization of Nikaido's work
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• Competition among exchanges
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• Equilibria, the core, and jurisdiction structures in economies with a local public good
• Income Taxes and the Provision of Public Goods: Existence of an Optimum
• Real indeterminacy of equilibria and manipulability
• Approximate equilibrium in pure strategies for a two-stage game of asset creation

Cited In (3)

• Cross-listed securities and multiple exchange memberships: demand differentiability and equilibrium existence
• Efficiency and stability in a process of teams formation
• On the nonemptiness of approximate cores of large games

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