An alternative proof for the existence of Radner equilibria

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

This paper explores 'competitive equilibrium under uncertainty' by Radner (1968). We provide a simple proof for the existence of a Walrasian equilibrium and characterize the maximal number of markets in the extended Arrow-Debreu economy.

Original languageEnglish
Pages (from-to)87-90
Number of pages4
JournalMathematical Social Sciences
Volume66
Issue number1
DOIs
Publication statusPublished - 2013 Jul 1

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Walrasian Equilibrium
Competitive Equilibrium
Uncertainty
Alternatives
uncertainty
economy
market
Market
Radner equilibrium
Walrasian equilibrium
Competitive equilibrium

ASJC Scopus subject areas

  • Statistics, Probability and Uncertainty
  • Social Sciences(all)
  • Psychology(all)
  • Sociology and Political Science

Cite this

An alternative proof for the existence of Radner equilibria. / Yoo, Seung Han.

In: Mathematical Social Sciences, Vol. 66, No. 1, 01.07.2013, p. 87-90.

Research output: Contribution to journalArticle

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