This note provides simple proofs of the equivalence among the core, equilibrium and limited arbitrage in markets with short sales, and with uniform strictly convex preferences
This paper defines a new concept of the core for an economy with transaction costs, and uses this co...
URL des Documents de travail : http://ces.univ-paris1.fr/cesdp/cesdp2017.htmlDocuments de travail du...
The equivalence of markets and games concerns the relationship between two sorts of structures that ...
This note provides simple proofs of the equivalence among the core, equilibrium and limited arbitra...
A condition of limited arbitrage is defined on the endowments and the preferences of the traders in ...
Welfare economics and finance have each evolved their own equilibrium concepts. In welfare economics...
In strictly regular economies limited arbitrage is sufficient for the global invertibility of demand...
This paper establishes a clear connection between equilibrium theory, game theory and social choice ...
The paper establishes a clear connection between equilibrium theory and social choice theory by show...
Different forms of resource allocation-by markets, cooperative games, and by social choice-are unifi...
In his seminal paper on arbitrage and competitive equilibrium in unbounded exchange economies, Werne...
"The expression 'limited arbitragers' used to describe economies where only bounded, or limited, opp...
We present the basic geometry of arbitrage, and use this basic geometry to shed new light on the rel...
Page and Wooders [Page Jr., F.H., Wooders, M., 1996. A necessary and sufficient condition for compac...
In 1991, in [1], [2] and in [8], I introduced the concept of global cone and used it to define a con...
This paper defines a new concept of the core for an economy with transaction costs, and uses this co...
URL des Documents de travail : http://ces.univ-paris1.fr/cesdp/cesdp2017.htmlDocuments de travail du...
The equivalence of markets and games concerns the relationship between two sorts of structures that ...
This note provides simple proofs of the equivalence among the core, equilibrium and limited arbitra...
A condition of limited arbitrage is defined on the endowments and the preferences of the traders in ...
Welfare economics and finance have each evolved their own equilibrium concepts. In welfare economics...
In strictly regular economies limited arbitrage is sufficient for the global invertibility of demand...
This paper establishes a clear connection between equilibrium theory, game theory and social choice ...
The paper establishes a clear connection between equilibrium theory and social choice theory by show...
Different forms of resource allocation-by markets, cooperative games, and by social choice-are unifi...
In his seminal paper on arbitrage and competitive equilibrium in unbounded exchange economies, Werne...
"The expression 'limited arbitragers' used to describe economies where only bounded, or limited, opp...
We present the basic geometry of arbitrage, and use this basic geometry to shed new light on the rel...
Page and Wooders [Page Jr., F.H., Wooders, M., 1996. A necessary and sufficient condition for compac...
In 1991, in [1], [2] and in [8], I introduced the concept of global cone and used it to define a con...
This paper defines a new concept of the core for an economy with transaction costs, and uses this co...
URL des Documents de travail : http://ces.univ-paris1.fr/cesdp/cesdp2017.htmlDocuments de travail du...
The equivalence of markets and games concerns the relationship between two sorts of structures that ...