EXISTENCE OF EQUILIBRIUM: NECESSARY CONDITIONS

William Bryant

Chapter 3 in General Equilibrium:Theory and Evidence, 2009, pp 73-98 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionA necessary condition for existenceNecessary and sufficient conditions for existenceW-arbitrageNo unbounded arbitrageLimited arbitrageDLVM-limited arbitrageInconsequential arbitrageBounded arbitrageLe Van-Minh no-arbitrage priceConclusion

Keywords: General Equilibrium; Existence; Uniqueness; Stability; Optimality; Comparative Statics; Empirical Implications (search for similar items in EconPapers)
JEL-codes: O30 (search for similar items in EconPapers)
Date: 2009
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