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

DOI10.1007/S11424-007-9034-1MaRDI QIDQ263128zbMATH OpenOpenAlexFDO

Authors 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

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)

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Cites work

• scientific article; zbMATH DE number 3827534 (Why is no real title available?)
• scientific article; zbMATH DE number 3547015 (Why is no real title available?)
• scientific article; zbMATH DE number 1154010 (Why is no real title available?)
• scientific article; zbMATH DE number 1869272 (Why is no real title available?)
• Equilibrium in incomplete markets. I: A basic model of generic existence
• Equilibrium in incomplete markets. II: Generic existence in stochastic economies
• 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
• Markets with a Continuum of Traders
• On the optimality of equilibrium when the market structure is incomplete
• On the upper and lower semicontinuity of the Aumann integral

Cited in

(3)

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

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