Determinacy of equilibria in nonsmooth economies

Article Abstract:

Consumer preferences are analyzed in detail, with their relationship to prices. Locally unique prices may occur. The relationship between this phenomenon and the smoothness of an economy is examined.

Equilibrium (Economics)

---

On optimal portfolio trading strategies for an investor facing transactions costs in a continuous trading market

Article Abstract:

Issues related to asset pricing theory and portfolio trading are examined in detail, taking transactions costs into account. Links between prices and trading strategies are also asessed.

Prices

---

Existence of optimal consumption and portfolio rules with portfolio constraints and stochastic income, durability and habit formation

Article Abstract:

Portfolio rules and optimal consumption are analyzed in a context where there are portfolio choice constraints and income is stochastic. Agent preferences are analyzed.

Stochastic analysis

Similar abstracts:

• Abstracts: Discreteness of equilibria in incomplete markets with a continuum of states. The set of equilibria of first-price auctions
• Abstracts: Equilibrium in abstract economies without the lower semi-continuity of the constraint maps. A parimutuel system with two horses and a continuum of bettors
• Abstracts: Essential equilibria of n-person noncooperative games. An ordinal selection of stable sets in the sense of Hillas
• Abstracts: Equilibrium analysis of an economy with innovations. Dynamic Cournot oligopolies with production adjustment costs
• Abstracts: Arrow's theorem, countably many agents, and more visible invisible dictators. On isotopic dictators and homological manipulators

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.