The insight of Arrow [4] and Debreu [7] that uncertainty is easily incor-porated into general equilibrium models is double-edged. It is true that one need only index commodities by the state of nature, and classical results on the existence and optimality of competitive equilibria can be made t
This paper is a revised version of EUI ECO Working Paper 2010/29Economies with asymmetric informatio...
A two-period (O and T) Arrow-Debreu economy is set up with a general model of uncertainty. We suppos...
In this paper, we study a two-period pure exchange economy with idiosyncratic uncertainty, moral haz...
For perfectly competitive economies under uncertainty, there is a well-known equivalence between a f...
When the trading process is characterized by search frictions, traders may be rationed so markets ne...
We defi ne a solution concept, perfectly contracted equilibrium, for an intertemporal exchange econo...
The paper defines a concept of a general equilibrium in markets with uncertainty about prices, and p...
When the trading process is characterized by search frictions, traders may be rationed so markets ne...
This artic/e applies a theorem of Nash equilibrium under uncertainty (Dow & Werlang, 1994) to the cl...
This paper investigates the mappings used in the proof of existence of a general competitive equilib...
Economies with asymmetric information are encompassed by an extension of the model of general compet...
Beißner P, Riedel F. Equilibria Under Knightian Price Uncertainty. Econometrica. 2019;87(1):37-64.W...
This article studies a market game under uncertainty in which agents may submit multiple limit and m...
Classic formulations of markets regard uncertainty as originating from acts of nature. I extend this...
This paper studies the efficiency of competitive equilibria in environments with a moral hazard prob...
This paper is a revised version of EUI ECO Working Paper 2010/29Economies with asymmetric informatio...
A two-period (O and T) Arrow-Debreu economy is set up with a general model of uncertainty. We suppos...
In this paper, we study a two-period pure exchange economy with idiosyncratic uncertainty, moral haz...
For perfectly competitive economies under uncertainty, there is a well-known equivalence between a f...
When the trading process is characterized by search frictions, traders may be rationed so markets ne...
We defi ne a solution concept, perfectly contracted equilibrium, for an intertemporal exchange econo...
The paper defines a concept of a general equilibrium in markets with uncertainty about prices, and p...
When the trading process is characterized by search frictions, traders may be rationed so markets ne...
This artic/e applies a theorem of Nash equilibrium under uncertainty (Dow & Werlang, 1994) to the cl...
This paper investigates the mappings used in the proof of existence of a general competitive equilib...
Economies with asymmetric information are encompassed by an extension of the model of general compet...
Beißner P, Riedel F. Equilibria Under Knightian Price Uncertainty. Econometrica. 2019;87(1):37-64.W...
This article studies a market game under uncertainty in which agents may submit multiple limit and m...
Classic formulations of markets regard uncertainty as originating from acts of nature. I extend this...
This paper studies the efficiency of competitive equilibria in environments with a moral hazard prob...
This paper is a revised version of EUI ECO Working Paper 2010/29Economies with asymmetric informatio...
A two-period (O and T) Arrow-Debreu economy is set up with a general model of uncertainty. We suppos...
In this paper, we study a two-period pure exchange economy with idiosyncratic uncertainty, moral haz...