Incomplete Markets II

Ryo Nagata
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Ryo Nagata: Waseda University, Japan

Chapter 12 in Theory of Regular Economies, 2004, pp 187-204 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:Welfare Problem of Incomplete Markets: Pareto Efficiency and Inefficiency of EquilibriaInefficiency of Equilibria of Incomplete Markets without ConcavityConstrained Optimality

Keywords: General Equilibrium Theory; Regular Economy; Finiteness of Equilibria; Genericity; Transversality; Activity Analysis; Incomplete Market (search for similar items in EconPapers)
JEL-codes: C10 C55 (search for similar items in EconPapers)
Date: 2004
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