Pareto-improving price regulation when the asset market is incomplete: An example P. J. J. Herings ∗ and H. Polemarchakis† In a robust example of an economywith an incomplete assetmarket, price regulation, that operates anonymously, on market variables, can be Pareto-improving. Key words incomplete asset market, fix-price equilibria, Pareto improvemen
At arbitrary prices of commodities and assets, fix-price equilibria exist under weak assumptions: en...
When the asset market is incomplete, there typically exist taxes on trades in assets and a redistrib...
At arbitrary prices of commodities and assets, fix-price equilibria exist under weak assumptions: en...
In a robust example of an economy with an incomplete asset market, price regulation, that operates a...
In a robust example of an economy with an incomplete asset market, price regulation, that operates a...
Summary. Incomplete asset markets cause competitive equilibria to be con-strained suboptimal and pro...
The asset market is incomplete. Fix-price equilibria exist. Price regulation Pareto improves on a co...
Discussion paper - CORE, Université Catholique de Louvain, n° 9841The asset market is incomplete. Fi...
When the asset market is incomplete, competitive equilibria are constrained suboptimal, which provid...
Summary. Incomplete asset markets cause competitive equilibria to be con-strained suboptimal and pro...
Incomplete asset markets cause competitive equilibria to be constrained suboptimal and provides scop...
When the asset market is incomplete, there typically exist taxes on trades in assets that are Pareto...
When asset markets are incomplete there are almost always many Pareto improving policy interven-tion...
In this paper we develop a differential technique for investigating the welfare effects of financial...
At arbitrary prices of commodities and assets, fix-price equilibria exist under weak assumptions: en...
When the asset market is incomplete, there typically exist taxes on trades in assets and a redistrib...
At arbitrary prices of commodities and assets, fix-price equilibria exist under weak assumptions: en...
In a robust example of an economy with an incomplete asset market, price regulation, that operates a...
In a robust example of an economy with an incomplete asset market, price regulation, that operates a...
Summary. Incomplete asset markets cause competitive equilibria to be con-strained suboptimal and pro...
The asset market is incomplete. Fix-price equilibria exist. Price regulation Pareto improves on a co...
Discussion paper - CORE, Université Catholique de Louvain, n° 9841The asset market is incomplete. Fi...
When the asset market is incomplete, competitive equilibria are constrained suboptimal, which provid...
Summary. Incomplete asset markets cause competitive equilibria to be con-strained suboptimal and pro...
Incomplete asset markets cause competitive equilibria to be constrained suboptimal and provides scop...
When the asset market is incomplete, there typically exist taxes on trades in assets that are Pareto...
When asset markets are incomplete there are almost always many Pareto improving policy interven-tion...
In this paper we develop a differential technique for investigating the welfare effects of financial...
At arbitrary prices of commodities and assets, fix-price equilibria exist under weak assumptions: en...
When the asset market is incomplete, there typically exist taxes on trades in assets and a redistrib...
At arbitrary prices of commodities and assets, fix-price equilibria exist under weak assumptions: en...