The structure of the set of critical equilibria with incomplete markets

Article Abstract:

The structure of the critical equilibria subset is fixed and has a zero value in the equilibrium set. This conclusion has been derived by evaluating a two-period economy wherein the second period has uncertainty. The aforementioned economy has been likewise characterized by different financial mechanisms and an individual commodity for each nature state. To pursue the claim of the set's structure, demand functions, together with qualitative characteristics, have been presupposed. The demand functions determined the diversified equilibrium set.

Economics, Research and Development in the Social Sciences and Humanities, Analysis

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A new proof of the index formula for incomplete markets

Article Abstract:

A new proof of the index formula in an economy with incomplete asset markets is presented.

Netherlands, Usage, Economic aspects, Indexation (Economics)

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Mediation: incomplete information bargaining with filtered communication

Article Abstract:

The development of a mediation model is discussed.

Tests, problems and exercises, Mediation

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