An alternative proof for the existence of Radner equilibria

作者:Yoo Seung Han*
来源:Mathematical Social Sciences, 2013, 66(1): 87-90.
DOI:10.1016/j.mathsocsci.2013.01.006

摘要

This paper explores %26apos;competitive equilibrium under uncertainty%26apos; by Radner (1968). We provide a simple proof for the existence of a Walrasian equilibrium and characterize the maximal number of markets in the extended Arrow-Debreu economy.

  • 出版日期2013-7