Excess demand function around critical prices in incomplete markets

DOI10.1016/J.JMATECO.2009.11.013zbMATH Open1229.91217OpenAlexW1985347455MaRDI QIDQ972368FDOQ972368

Authors: Takeshi Momi 

Publication date: 25 May 2010

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jmateco.2009.11.013

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zbMATH Keywords

incomplete marketcharacterization of equilibrium budget setsdisaggregation of excess demand

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) Microeconomic theory (price theory and economic markets) (91B24) Special types of economic markets (including Cournot, Bertrand) (91B54)

Cites Work

• On the optimality of equilibrium when the market structure is incomplete
• Disaggregation of excess demand and comparative statics with incomplete markets and nominal assets
• Disaggregation of excess demand functions in incomplete markets
• Excess demand functions with incomplete markets -- a global result.
• A note on the decomposition (at a point) of aggregate excess demand on the Grassmannian
• Excess demand functions and incomplete markets
• Excess demand functions
• On the equilibrium price set of an exchange economy

Cited In (11)

• Failure of the index theorem in an incomplete market economy
• Market Excess Demand in Exchange Economies with Identical Preferences and Collinear Endowments
• Excess demand functions, equilibrium prices, and existence of equilibrium
• Existence and well-posedness for excess demand equilibrium problems
• On the characterization of excess demand functions
• Excess demand functions with incomplete markets -- a global result.
• Excess demand functions when new assets are introduced
• Title not available (Why is that?)
• Excess demand functions and incomplete markets
• Market equilibrium via the excess demand function
• Boundary behavior of excess demand and existence of equilibrium

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