Generic inefficiency of stock market equilibrium when markets are incomplete
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Publication:908832
DOI10.1016/0304-4068(90)90039-CzbMath0693.90018OpenAlexW2047060234MaRDI QIDQ908832
Michael J. P. Magill, Jacques H. Drèze, John D. Geanakoplos, Martine Quinzii
Publication date: 1990
Published in: Journal of Mathematical Economics (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/0304-4068(90)90039-c
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Cites Work
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- On the optimality of equilibrium when the market structure is incomplete
- A characterization of the optimality of equilibrium in incomplete markets
- Efficiency with Uncertain Supply
- The Inefficiency of the Stock Market Equilibrium
- Differential Topology
- A Theory of Competitive Equilibrium in Stock Market Economies
- Existence of Equilibrium of Plans, Prices, and Price Expectations in a Sequence of Markets
- A Social Equilibrium Existence Theorem*
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