Excess demand function around critical prices in incomplete markets

DOI10.1016/J.JMATECO.2009.11.013MaRDI QIDQ972368zbMATHOpenAlexFDO

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

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)

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Cites work

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

Cited in

(11)

• Boundary behavior of excess demand and existence of equilibrium
• Market equilibrium via the excess demand function
• Existence and well-posedness for excess demand equilibrium problems
• Excess demand functions when new assets are introduced
• Failure of the index theorem in an incomplete market economy
• Market Excess Demand in Exchange Economies with Identical Preferences and Collinear Endowments
• On the characterization of excess demand functions
• Excess demand functions with incomplete markets -- a global result.
• scientific article; zbMATH DE number 4053299 (Why is no real title available?)
• Excess demand functions, equilibrium prices, and existence of equilibrium
• Excess demand functions and incomplete markets

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