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Volumn 25, Issue 1, 2005, Pages 75-87

Are incomplete markets able to achieve minimal efficiency?

Author keywords

Constrained efficiency; Dr ze equilibria; Incomplete markets with production

Indexed keywords


EID: 21244498625     PISSN: 09382259     EISSN: None     Source Type: Journal    
DOI: 10.1007/s00199-003-0406-z     Document Type: Conference Paper
Times cited : (6)

References (12)
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    • DeMarzo, P.1
  • 3
    • 0001065439 scopus 로고    scopus 로고
    • Relative utilitarianism
    • Dhillon, A., Mertens, J.-F.: Relative utilitarianism. Econometrica 67, 471-498 (1999)
    • (1999) Econometrica , vol.67 , pp. 471-498
    • Dhillon, A.1    Mertens, J.-F.2
  • 4
    • 0036096506 scopus 로고    scopus 로고
    • Nonexistence of constrained efficient equilibria when markets are incomplete
    • Dierker, E., Dierker, H., Grodal, B.: Nonexistence of constrained efficient equilibria when markets are incomplete. Econometrica 70, 1245-1251 (2002)
    • (2002) Econometrica , vol.70 , pp. 1245-1251
    • Dierker, E.1    Dierker, H.2    Grodal, B.3
  • 5
    • 0002822174 scopus 로고
    • Investment under private ownership: Optimality, equilibrium and stability
    • Drèze, J. H. (ed.). New York: Wiley
    • Drèze, J. H.: Investment under private ownership: optimality, equilibrium and stability. In: Drèze, J. H. (ed.) Allocation under uncertainty; equilibrium and optimality, pp. 129-165. New York: Wiley 1974
    • (1974) Allocation under Uncertainty; Equilibrium and Optimality , pp. 129-165
    • Drèze, J.H.1
  • 8
    • 0035529081 scopus 로고    scopus 로고
    • On the difficulty of combining actual and potential criteria for an increase in social welfare
    • Gravel, N.: On the difficulty of combining actual and potential criteria for an increase in social welfare. Economic Theory 17, 163-180(2001)
    • (2001) Economic Theory , vol.17 , pp. 163-180
    • Gravel, N.1
  • 9
    • 0002422053 scopus 로고
    • A characterization of the optimality of equilibrium in incomplete markets
    • Grossman, S.: A characterization of the optimality of equilibrium in incomplete markets. Journal of Economic Theory 15, 1-15 (1977)
    • (1977) Journal of Economic Theory , vol.15 , pp. 1-15
    • Grossman, S.1
  • 10
    • 0002734029 scopus 로고
    • Pareto optimality in non-convex economies
    • Guesnerie, R.: Pareto optimality in non-convex economies. Econometrica 43, 1-30 (1975)
    • (1975) Econometrica , vol.43 , pp. 1-30
    • Guesnerie, R.1
  • 12
    • 0001885661 scopus 로고
    • General competitive analysis in an economy with private information
    • Prescott, E., Townsend, R.: General competitive analysis in an economy with private information. International Economic Review 25, 1-20 (1984)
    • (1984) International Economic Review , vol.25 , pp. 1-20
    • Prescott, E.1    Townsend, R.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.