Existence of pseudo-equilibria in a financial economy

Philippe Bich () and Bernard Cornet
Additional contact information
Philippe Bich: CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: We prove the existence of a pseudo-equilibrium in a financial economy with incomplete markets in which the agents may have nonordered preferences. We use a fixed-point-like theorem of [5] that generalizes the results by Hirsch, Magill and Mas-Colell [18] and Husseini, Lasry and Magill [19] to encompass the framework considered by Gale and Mas-Colell ([14], [15]).

Keywords: Pseudo-equilibrium; incomplete markets; nonordered preferences; fixed-point-like theorems; Grassmann manifold (search for similar items in EconPapers)
Date: 2009-12
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Published in Journal of Fixed Point Theory and Applications, 2009, 6 (2), pp.305-319. ⟨10.1007/s11784-009-0125-6⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Existence of pseudo-equilibria in a financial economy (2009)
Working Paper: Existence of pseudo-equilibria in a financial economy (2009)
Working Paper: Existence of pseudo-equilibria in a financial economy (2009)
Working Paper: Existence of pseudo-equilibria in a financial economy (2009)
Working Paper: Existence of pseudo-equilibria in a financial economy (2009)
Working Paper: Existence of pseudo-equilibria in a financial economy (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:hal-00629764

DOI: 10.1007/s11784-009-0125-6

Access Statistics for this paper

More papers in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL
Bibliographic data for series maintained by CCSD ().