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Volumn 11, Issue 3, 1998, Pages 495-521

Constrained suboptimality in incomplete markets: A general approach and two applications

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EID: 0032219881     PISSN: 09382259     EISSN: None     Source Type: Journal    
DOI: 10.1007/s001990050199     Document Type: Article
Times cited : (47)

References (16)
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    • University of Pennsylvania
    • 2. Citanna, A., Villanacci, A.: On generic Pareto improvement in competitive economies with incomplete asset structures. CARESS Working Paper #93-21, University of Pennsylvania (1993)
    • (1993) CARESS Working Paper #93-21
    • Citanna, A.1    Villanacci, A.2
  • 3
    • 0001531679 scopus 로고
    • The role of a stock market in a general equilibrium model with technological uncertainty
    • 3. Diamond, P.: The role of a stock market in a general equilibrium model with technological uncertainty. Amer. Econ. Rev. 57, 759-776 (1967)
    • (1967) Amer. Econ. Rev. , vol.57 , pp. 759-776
    • Diamond, P.1
  • 4
    • 0001829459 scopus 로고
    • Existence, regularity and constrained suboptimality of competitive allocations when the asset market is incomplete
    • Heller, W., Starr, R., Starrett, D. (eds.). Cambridge: Cambridge University Press
    • 4. Geanakoplos, J., Polemarchakis, H.: Existence, regularity and constrained suboptimality of competitive allocations when the asset market is incomplete. In: Heller, W., Starr, R., Starrett, D. (eds.) Uncertainty, information and communication: Essays in honor of Kenneth J. Arrow, Vol. III. Cambridge: Cambridge University Press 1986
    • (1986) Uncertainty, Information and Communication: Essays in Honor of Kenneth J. Arrow , vol.3
    • Geanakoplos, J.1    Polemarchakis, H.2
  • 5
    • 0000593909 scopus 로고
    • Generic inefficiency of stock market equilibrium when markets are incomplete
    • 5. Geanakoplos, J., Magill, M., Quinzii, M., Drèze, J.: Generic inefficiency of stock market equilibrium when markets are incomplete. J. Math. Econ. 19, 113-152 (1990)
    • (1990) J. Math. Econ. , vol.19 , pp. 113-152
    • Geanakoplos, J.1    Magill, M.2    Quinzii, M.3    Drèze, J.4
  • 7
    • 0000930326 scopus 로고
    • On the optimality of equilibrium when the market structure is incomplete
    • 7. Hart, O. D.: On the optimality of equilibrium when the market structure is incomplete. J. Econ. Theory 11, 418-443 (1975)
    • (1975) J. Econ. Theory , vol.11 , pp. 418-443
    • Hart, O.D.1
  • 8
    • 0002755291 scopus 로고
    • Anonymity and optimality of competitive equilibria when markets are incomplete
    • 8. Kajii, A.: Anonymity and optimality of competitive equilibria when markets are incomplete. J. Econ. Theory 64, 115-129 (1994)
    • (1994) J. Econ. Theory , vol.64 , pp. 115-129
    • Kajii, A.1
  • 9
    • 0010169553 scopus 로고
    • Constrained suboptimality with many agents
    • University of Pennsylvania
    • 9. Kajii, A.: Constrained suboptimality with many agents. CARESS Working Paper #92-29, University of Pennsylvania (1992)
    • (1992) CARESS Working Paper #92-29
    • Kajii, A.1
  • 10
    • 0010075365 scopus 로고
    • On incentive compatibility and constrained optimality of incomplete market equilibria
    • 10. Kajii, A.: On incentive compatibility and constrained optimality of incomplete market equilibria. Hitotsubashi J. Econ. 34, 123-135 (1993)
    • (1993) Hitotsubashi J. Econ. , vol.34 , pp. 123-135
    • Kajii, A.1
  • 13
    • 0003035816 scopus 로고
    • Global analysis and economics iii: Pareto optima and price equilibria
    • 13. Smale, S.: Global analysis and economics III: Pareto optima and price equilibria. J. Math. Econ. 1, 107-118 (1974)
    • (1974) J. Math. Econ. , vol.1 , pp. 107-118
    • Smale, S.1
  • 14
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    • The inefficiency of stock market equilibrium
    • 14. Stiglitz, J.: The inefficiency of stock market equilibrium. Rev. Econ. Stud. 49, 241-261 (1982)
    • (1982) Rev. Econ. Stud. , vol.49 , pp. 241-261
    • Stiglitz, J.1
  • 16
    • 0010136043 scopus 로고
    • Towards a theory of incentive compatibility for economies with incomplete market structures
    • University of Pennsylvania
    • 16. Younès, Y.: Towards a theory of incentive compatibility for economies with incomplete market structures. CARESS Working Paper #92-10, University of Pennsylvania (1992)
    • (1992) CARESS Working Paper #92-10
    • Younès, Y.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.