How to discard non-satiation and free-disposal with paper money

Journal of Mathematical Economics

Volumn 25, Issue 1, 1996, Pages 75-84

  Kajii, Atsushi ^a  

^a UNIVERSITY OF PENNSYLVANIA   (United States)

Author keywords

Existence of equilibria; Fiat money; Satiation

Indexed keywords

EID: 0030497318     PISSN: 03044068     EISSN: None     Source Type: Journal    
DOI: 10.1016/0304-4068(95)00718-0     Document Type: Article

References (12)

1. Bergstrom, T., 1976, How to discard 'free disposability' - at no cost, Journal of Mathematical Economics 3, 131-134.
2. Gale, D. and A. Mas-Colell, 1975, An equilibrium existence theorem for a general model without ordered preferences, Journal of Mathematical Economics 2, 9-15.
3. Gale, D. and A. Mas-Colell, 1979, Corrections to an equilibrium existence theorem for a general model without ordered preferences. Journal of Mathematical Economics 6, 297-298.
4. Hahn, F., 1973, On the transactions costs, inessential sequence economies and money, Review of Economics Studies 40, 449-461.
5. Hart, O. and H. Kuhn, 1975, A proof of the existence of equilibrium without the free disposal assumption, Journal of Mathematical Economics 2, 335-344.
6. Kajii, A., 1991, On the role of paper money in general equilibrium models with incomplete markets, CARESS working paper no. 91-23, University of Pennsylvania.
7. Mas-Colell, A., 1992, Equilibrium theory with possibly satiated preferences, in: M. Majumdar, ed., Equilibrium and dynamics: Essays in honor of David Gale (Macmillan, London).
8. Nielsen, L.T., 1989, Asset market equilibrium with short-selling, Review of Economics Studies 56, 467-474.
9. Nielsen, L.T., 1990, Equilibrium in CAPM without a riskless asset, Review of Economics Studies 57, 315-324.
10. Polemarchakis, H. and P. Siconolfi, 1993, Competitive equilibria without free disposal or non-satiation, Journal of Mathematical Economics 22, 85-99.
11. Shafer, W., 1976, Equilibrium in economies without ordered preferences or free disposal, Journal of Mathematical Economics 3, 135-137.
12. Starrett, D., 1973, Inefficiency and the demand for money in a sequence economy. Review of Economics Studies 40, 437-448.