Existence of equilibria with infinitely many goods,incomplete markets and bankruptcy

A.Araujo, Paulo Klinger Monteiro and M.Pascoa
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A.Araujo: Instituto de Matematica Pura e Aplicada Estrada Dona Castorina 110,Rio de Janeiro RJ,22460-320,Brazil

GE, Growth, Math methods from EconWPA

Abstract: We prove the equilibrium existence of incomplete markets economies with an uncountable number of states without any special hypothesis on endowments by the introduction of bankruptcy.

JEL-codes: C6 D5 D9 (search for similar items in EconPapers)
Date: 1994-06-08, Revised 1994-06-13
Note: 15 pages.This is a revised version of a paper with the same title.
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Related works:
Working Paper: Existence of equilibria with infinitely many goods, incomplete markets and bankruptcy (1994)
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpge:9406001

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