Existence of competitive equilibrium of large security-spot market with incomplete asset structure

DOI10.1007/S11424-007-9034-1zbMATH Open1333.91062OpenAlexW2136695037MaRDI QIDQ263128FDOQ263128

Guosheng Zhang

Publication date: 4 April 2016

Published in: Journal of Systems Science and Complexity (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11424-007-9034-1

Recommendations

• Competitive equilibrium of incomplete markets for securities with smooth payoffs
• On the existence of competitive equilibrium in frictionless and incomplete stochastic asset markets
• Existence of stochastic equilibrium with incomplete financial markets
• Generic existence of competitive equilibria when the asset market is incomplete: A symmetric argument
• Equilibrium and arbitrage in incomplete asset markets with fixed prices
• Equilibria in incomplete assets economies with infinite dimensional spot markets
• Existence of financial equilibria in continuous time with potentially complete markets
• Asset market equilibrium in infinite dimensional complete markets
• Competitive equilibrium with incomplete financial markets
• The survival assumption and existence of competitive equilibria when asset markets are incomplete

zbMATH Keywords

equilibriumincomplete asset structurelarge economysecurity-spot market with measurable space of agents

Mathematics Subject Classification ID

Derivative securities (option pricing, hedging, etc.) (91G20) Microeconomic theory (price theory and economic markets) (91B24) Actuarial science and mathematical finance (91G99)

Cites Work

• Title not available (Why is that?)
• Equilibrium in incomplete markets. I: A basic model of generic existence
• Equilibrium in incomplete markets. II: Generic existence in stochastic economies
• On the optimality of equilibrium when the market structure is incomplete
• Title not available (Why is that?)
• Title not available (Why is that?)
• Title not available (Why is that?)
• Markets with a Continuum of Traders
• Existence of Competitive Equilibria in Markets with a Continuum of Traders
• Existence of Equilibrium of Plans, Prices, and Price Expectations in a Sequence of Markets
• Existence of an Equilibrium for a Competitive Economy
• On the upper and lower semicontinuity of the Aumann integral

Cited In (3)

• Existence of equilibrium on incomplete financial market with a measurable space of agents
• Competitive equilibrium of incomplete markets for securities with smooth payoffs
• The existence of security market equilibrium with a non-atomic state space

This page was built for publication: Existence of competitive equilibrium of large security-spot market with incomplete asset structure

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q263128)