The index theorem for a GEI economy when the degree of incompleteness is even
Takeshi Momi
Journal of Mathematical Economics, 2003, vol. 39, issue 3-4, 273-297
Abstract:
The purpose of this paper is to present a method to compute the index in an incomplete market economy. We show that generically in endowments and the asset structure the index theorem holds when the deficiency of markets, S-J, is even. The result is based on the indices of homotopies which have been presented for computation of an equilibrium in incomplete market economies.
Keywords: Incomplete; market; Index; theorem; Homotopy (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:eee:mateco:v:39:y:2003:i:3-4:p:273-297
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