Endogenous formation of security exchanges

DOI10.1007/s00199-016-0989-9zbMath1395.91297OpenAlexW3094481473MaRDI QIDQ2403451

Jaime Luque, Marta Faias

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

zbMATH Keywords

equilibriumrisk sharingclub theorysecurity pricesendogenous securities exchange structuremembership prices

Mathematics Subject Classification ID

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

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

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