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Equilibrium in incomplete markets: II : Generic existence in stochastic economies
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Cited by:
- John Geanakoplos, 1989. "An Introduction to General Equilibrium with Incomplete Asset Markets," Cowles Foundation Discussion Papers 919, Cowles Foundation for Research in Economics, Yale University.
- Bernard Cornet & Abhishek Ranjan, 2013.
"Equilibria in a multi-period economy,"
Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers)
halshs-00801402, HAL.
- Bernard Cornet & Abhishek Ranjan, 2013. "Equilibria in a multi-period economy," Documents de travail du Centre d'Economie de la Sorbonne 13021, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Bernard Cornet & Abhishek Ranjan, 2013. "Equilibria in a multi-period economy," Post-Print halshs-00801402, HAL.
- Mas-Colell, Andreu & Zame, William R., 1996. "The existence of security market equilibrium with a non-atomic state space," Journal of Mathematical Economics, Elsevier, vol. 26(1), pages 63-84.
- Alessandro, CITANNA & SCHMEDDERS, Karl, 2002.
"Controlling price volatility through financial innovation,"
HEC Research Papers Series
749, HEC Paris.
- Alessandro Citanna & Karl Schmedders, 2002. "Controlling Price Volatility Through Financial Innovation," Discussion Papers 1338, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Alessandro Citanna & Karl Schmedders, 2002. "Controlling Price Volatility Through Financial Innovation," Working Papers hal-00594367, HAL.
- Aouani, Zaier & Cornet, Bernard, 2011.
"Reduced equivalent form of a financial structure,"
Journal of Mathematical Economics, Elsevier, vol. 47(3), pages 318-327.
- Zaier Aouani & Bernard Cornet, 2011. "Reduced equivalent form of a financial structure," PSE-Ecole d'économie de Paris (Postprint) hal-00629785, HAL.
- Zaier Aouani & Bernard Cornet, 2011. "Reduced equivalent form of a financial structure," Post-Print hal-00629785, HAL.
- Zaier Aouani & Bernard Cornet, 2011. "Reduced equivalent form of a financial structure," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00629785, HAL.
- Bernard Dumas & Andrew Lyasoff, 2012.
"Incomplete-Market Equilibria Solved Recursively on an Event Tree,"
Journal of Finance, American Finance Association, vol. 67(5), pages 1897-1941, October.
- Bernard DUMAS & Andrew LYASOFF, 2008. "Incomplete-Market Equilibria Solved Recursively on an Event Tree," Swiss Finance Institute Research Paper Series 08-49, Swiss Finance Institute.
- Dumas, Bernard & Lyasoff, Andrew, 2009. "Incomplete-Market Equilibria Solved Recursively on an Event Tree," CEPR Discussion Papers 7138, C.E.P.R. Discussion Papers.
- Bernard Dumas & Andrew Lyasoff, 2008. "Incomplete-Market Equilibria Solved Recursively on an Event Tree," NBER Working Papers 14629, National Bureau of Economic Research, Inc.
- Bernard Cornet & Ramu Gopalan, 2010.
"Arbitrage and equilibrium with portfolio constraints,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 45(1), pages 227-252, October.
- Bernard Cornet & Ramu Gopalan, 2009. "Arbitrage and equilibrium with portofolio constraints," Documents de travail du Centre d'Economie de la Sorbonne 09077, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Bernard Cornet & Ramu Gopalan, 2010. "Arbitrage and equilibrium with portfolio constraints," Post-Print hal-00629777, HAL.
- Bernard Cornet & Ramu Gopalan, 2009. "Arbitrage and Equilibrium with Portfolio Constraints," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00441873, HAL.
- Bernard Cornet & Ramu Gopalan, 2009. "Arbitrage and Equilibrium with Portfolio Constraints," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 200911, University of Kansas, Department of Economics, revised Dec 2009.
- Bernard Cornet & Ramu Gopalan, 2009. "Arbitrage and Equilibrium with Portfolio Constraints," Post-Print halshs-00441873, HAL.
- Bernard Cornet & Ramu Gopalan, 2010. "Arbitrage and equilibrium with portfolio constraints," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00629777, HAL.
- Bernard Cornet & Ramu Gopalan, 2010. "Arbitrage and equilibrium with portfolio constraints," PSE-Ecole d'économie de Paris (Postprint) hal-00629777, HAL.
- John Geanakoplos & William Zame, 2014.
"Collateral equilibrium, I: a basic framework,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 56(3), pages 443-492, August.
- Geanakoplos, John & William R. Zame, 2013. "Collateral Equilibrium: A Basic Framework," Cowles Foundation Discussion Papers 1906, Cowles Foundation for Research in Economics, Yale University.
- John Geanakoplos & William R. Zame, 2013. "Collateral Equilibrium: A Basic Framework," Levine's Working Paper Archive 786969000000000741, David K. Levine.
- John Geanakoplos & William Zame, 2013. "Collateral Equilibrium - A Basic Framework," EIEF Working Papers Series 1319, Einaudi Institute for Economics and Finance (EIEF), revised Aug 2013.
- Gaël Giraud & Céline Rochon, 2010.
"Transition to Equilibrium in International Trades,"
Documents de travail du Centre d'Economie de la Sorbonne
10012, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Gaël Giraud & Céline Rochon, 2010. "Transition to Equilibrium in International Trades," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00657038, HAL.
- Gaël Giraud & Céline Rochon, 2010. "Transition to Equilibrium in International Trades," Post-Print halshs-00657038, HAL.
- Fadina, Tolulope & Herzberg, Frederik, 2015.
"Hyperfinite construction of G-expectation,"
Center for Mathematical Economics Working Papers
540, Center for Mathematical Economics, Bielefeld University.
- Tolulope Fadina & Frederik Herzberg, 2018. "Hyperfinite Construction of $G$-expectation," Papers 1810.09386, arXiv.org.
- Dong Chul Won, 2019. "A New Characterization of Equilibrium in a Multi-period Finance Economy: A Computational Viewpoint," Computational Economics, Springer;Society for Computational Economics, vol. 53(1), pages 367-396, January.
- Lionel De Boisdeffre, 2017. "Financial Equilibrium with differential Information: a Theorem of generic Existence," Working Papers hal-01871571, HAL.
- Alexander S. Sangare, 2005. "Efficience des marchés : un siècle après Bachelier," Revue d'Économie Financière, Programme National Persée, vol. 81(4), pages 107-132.
- Ana Fostel & John Geanakoplos, 2013. "Financial Innovation, Collateral and Investment," Cowles Foundation Discussion Papers 1903, Cowles Foundation for Research in Economics, Yale University.
- Ehling, Paul & Heyerdahl-Larsen, Christian, 2015. "Complete and incomplete financial markets in multi-good economies," Journal of Economic Theory, Elsevier, vol. 160(C), pages 438-462.
- Dimitris Bertsimas & Leonid Kogan & Andrew W. Lo, 1997. "Pricing and Hedging Derivative Securities in Incomplete Markets: An E-Aritrage Model," NBER Working Papers 6250, National Bureau of Economic Research, Inc.
- Dimitris Bertsimas & Leonid Kogan & Andrew W. Lo, 2001. "Hedging Derivative Securities and Incomplete Markets: An (epsilon)-Arbitrage Approach," Operations Research, INFORMS, vol. 49(3), pages 372-397, June.
- Lionel De Boisdeffre, 2017. "Financial Equilibrium with differential Information: a Theorem of generic Existence," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01871571, HAL.
- Levine, David K., 1989.
"Infinite horizon equilibrium with incomplete markets,"
Journal of Mathematical Economics, Elsevier, vol. 18(4), pages 357-376, September.
- David K. Levine, 1986. "Infinite Horizon Equilibrium with Incomplete Markets," UCLA Economics Working Papers 418, UCLA Department of Economics.
- David K. Levine, 1989. "Infinite Horizon Equilibrium with Incomplete Markets," Levine's Working Paper Archive 49, David K. Levine.
- Allen, Franklin & Gale, Douglas, 2000.
"Optimal currency crises,"
Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 53(1), pages 177-230, December.
- Franklin Allen & Douglas Gale, 2000. "Optimal Currency Crises," Center for Financial Institutions Working Papers 00-23, Wharton School Center for Financial Institutions, University of Pennsylvania.
- Lionel De Boisdeffre, 2017. "Financial Equilibrium with differential Information: a Theorem of generic Existence," Working papers of CATT hal-01871571, HAL.
- Aouani, Zaier & Cornet, Bernard, 2009.
"Existence of financial equilibria with restricted participation,"
Journal of Mathematical Economics, Elsevier, vol. 45(12), pages 772-786, December.
- Zaier Aouani & Bernard Cornet, 2009. "Existence of financial equilibria with restricted participation," Working Papers 001-09, International School of Economics at TSU, Tbilisi, Republic of Georgia.
- Zaier Aouani & Bernard Cornet, 2009. "Existence of financial equilibria with restricted participation," PSE-Ecole d'économie de Paris (Postprint) hal-00629748, HAL.
- Zaier Aouani & Bernard Cornet, 2009. "Existence of financial equilibria with restricted participation," Post-Print halshs-00426441, HAL.
- Zaier Aouani & Bernard Cornet, 2009. "Existence of financial equilibria with restricted participation," Documents de travail du Centre d'Economie de la Sorbonne 09063, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Zaier Aouani & Bernard Cornet, 2009. "Existence of financial equilibria with restricted participation," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00426441, HAL.
- Zaier Aouani & Bernard Cornet, 2009. "Existence of financial equilibria with restricted participation," Post-Print hal-00629748, HAL.
- Bernard Cornet & Zaier Aouani, 2009. "Existence of financial equilibria with restricted participation," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 200909, University of Kansas, Department of Economics, revised Dec 2009.
- Zaier Aouani & Bernard Cornet, 2009. "Existence of financial equilibria with restricted participation," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00629748, HAL.
- Bertsimas, Dimitris. & Kogan, Leonid, 1974- & Lo, Andrew W., 1997. "Pricing and hedging derivative securities in incomplete markets : an e-arbitrage approach," Working papers WP 3973-97., Massachusetts Institute of Technology (MIT), Sloan School of Management.
- Claudio Mattalia, 2003. "Existence of solutions and asset pricing bubbles in general equilibrium models," ICER Working Papers - Applied Mathematics Series 02-2003, ICER - International Centre for Economic Research.
- Alessandro, CITANNA, 1999. "Financial Innovation and Price Volatility," HEC Research Papers Series 685, HEC Paris.
- Bernard Cornet & Abhishek Ranjan, 2013.
"Existence of equilibria via quasi-equilibria,"
Documents de travail du Centre d'Economie de la Sorbonne
13020, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Bernard Cornet & Abhishek Ranjan, 2013. "Existence of equilibria via quasi-equilibria," Post-Print halshs-00801399, HAL.
- Bernard Cornet & Abhishek Ranjan, 2013. "Existence of equilibria via quasi-equilibria," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00801399, HAL.
- Lionel DE BOISDEFFRE, 2017. "Financial Equilibrium with differential Information: a Theorem of generic Existence," Working Papers 2016-2017_12, CATT - UPPA - Université de Pau et des Pays de l'Adour, revised Aug 2017.
- Stahn, Hubert, 1998. "On monopolistic equilibria with incomplete markets: the case of an exchange economy," Journal of Mathematical Economics, Elsevier, vol. 29(1), pages 83-107, January.
- Gaêl Giraud, 2007.
"Walrasian non-tatonnement with incomplete and imperfectly competitive markets,"
Documents de travail du Centre d'Economie de la Sorbonne
b07021, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Gaël Giraud, 2007. "Walrasian Non-tatonnement with Incomplete and Imperfectly Competitive Markets," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00155717, HAL.
- Gaël Giraud, 2007. "Walrasian Non-tatonnement with Incomplete and Imperfectly Competitive Markets," Post-Print halshs-00155717, HAL.
- Anderson, Robert M. & Raimondo, Roberto C., 2007. "Equilibrium in Continuous-Time Financial Markets: Endogenously Dynamically Complete Markets," Department of Economics, Working Paper Series qt0zq6v5gd, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Ana Fostel & John Geanakoplos, 2016. "Financial Innovation, Collateral, and Investment," American Economic Journal: Macroeconomics, American Economic Association, vol. 8(1), pages 242-284, January.
- Levine, David K. & Zame, William R., 1996.
"Debt constraints and equilibrium in infinite horizon economies with incomplete markets,"
Journal of Mathematical Economics, Elsevier, vol. 26(1), pages 103-131.
- David K. Levine & William R. Zame, 1992. "Debt Constraints and Equilibrium in Infinite Horizon Economies with Incomplete Markets," UCLA Economics Working Papers 666, UCLA Department of Economics.
- David K. Levine & William Zame, 1996. "Debt Constraints and Equilibrium in Infinite Horizon Economies with Incomplete Markets," Levine's Working Paper Archive 1954, David K. Levine.
- David K. Levine & William R. Zame, 1993. "Debt Constraints and Equilibrium in Infinite Horizon Economies with Incomplete Markets," UCLA Economics Working Papers 703, UCLA Department of Economics.
- Víctor Pérez Fernández & Juan Pablo Torres-Martínez, 2012.
"Incomplete Financial Participation: Exclusive Markets, Investment Clubs, and Credit Risk,"
Working Papers
wp363, University of Chile, Department of Economics.
- Pérez Fernández, Víctor & Torres-Martínez, Juan Pablo, 2012. "Incomplete financial participation: exclusive markets, investment clubs and credit risk," MPRA Paper 36624, University Library of Munich, Germany.
- Orrillo, Jaime, 2001.
"Default and exogenous collateral in incomplete markets with a continuum of states,"
Journal of Mathematical Economics, Elsevier, vol. 35(1), pages 151-165, February.
- Jaime Jose Orrillo Carhuajulca, 2000. "Default and Exogenous Collateral in Incomplete Markets with a Continuum of States," Econometric Society World Congress 2000 Contributed Papers 1860, Econometric Society.
- Willems, Bert & Morbee, Joris, 2010. "Market completeness: How options affect hedging and investments in the electricity sector," Energy Economics, Elsevier, vol. 32(4), pages 786-795, July.
- Fratini, Saverio M. & Levrero, Enrico Sergio & Ravagnani, Fabio, 2016. "Price expectations in neo-Walrasian equilibrium models: an overview," MPRA Paper 69515, University Library of Munich, Germany.
- Katsushi Nakajima, 2022. "Equilibrium pricing of commodity spot and forward under incomplete markets with implications on convenience yield," Annals of Finance, Springer, vol. 18(1), pages 35-80, March.
- Orrilo, Jaime, 2006. "Another Proof of the Existence of GEI Equilibrium with Default and Exogenous Collateral," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 26(1), May.
- Lionel de Boisdeffre, 2018. "Circumventing the Hart Puzzle," Documents de travail du Centre d'Economie de la Sorbonne 18027, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Bottazzi, Jean-Marc, 1995. "Existence of equilibria with incomplete markets: The case of smooth returns," Journal of Mathematical Economics, Elsevier, vol. 24(1), pages 59-72.
- Ana Fostel & John Geanakoplos, 2013. "Financial Innovation, Collateral and Investment," Levine's Working Paper Archive 786969000000000750, David K. Levine.
- Lionel de Boisdeffre, 2017. "Financial equilibrium with differential information: An existence theorem," Post-Print halshs-01599385, HAL.
- Ana Fostel & John Geanakoplos, 2013. "Financial Innovation, Collateral and Investment," Cowles Foundation Discussion Papers 1903R, Cowles Foundation for Research in Economics, Yale University, revised Mar 2015.
- Lionel de Boisdeffre, 2017. "Financial equilibrium with differential information: An existence theorem," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01599385, HAL.
- Lionel de Boisdeffre, 2017. "Financial equilibrium with differential information:An existence theorem," Documents de travail du Centre d'Economie de la Sorbonne 17038, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Chenghu Ma & Jiankang Zhang, 2013. "p-Weakly constrained Pareto efficiency and aggregation in incomplete markets," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 41(3), pages 605-623, September.
- Gaël Giraud, 2004. "Walrasian non-tâtonnement with incomplete and imperfect markets," Cahiers de la Maison des Sciences Economiques b04119, Université Panthéon-Sorbonne (Paris 1).
- Ana Fostel & John Geanakoplos, 2013. "Financial Innovation, Collateral and Investment," Working Papers 2013-18, The George Washington University, Institute for International Economic Policy.
- Lionel De Boisdeffre, 2018. "Circumventing the Hart Puzzle," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01903586, HAL.
- A. Gamba & P. Pellizzari, 1999. "Utility based pricing of contingent claims," Finance 9902003, University Library of Munich, Germany, revised 14 Oct 2002.
- Tarun Sabarwal, 2004. "On the Allocative Efficiency of Competitive Prices in Economies with Incomplete Markets," GE, Growth, Math methods 0410006, University Library of Munich, Germany.
- Bernard Dumas & Pascal Maenhout, 2002. "A Central-Planning Approach to Dynamic Incomplete-Market Equilibrium," Levine's Working Paper Archive 391749000000000523, David K. Levine.
- Lionel De Boisdeffre, 2018. "Circumventing the Hart Puzzle," Post-Print halshs-01903586, HAL.
- V. Martins-da-Rocha & Yiannis Vailakis, 2010. "Financial markets with endogenous transaction costs," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 45(1), pages 65-97, October.
- Duffie, Darrell, 2003. "Intertemporal asset pricing theory," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, edition 1, volume 1, chapter 11, pages 639-742, Elsevier.