Existence of financial equilibria in continuous time with potentially complete markets

B-Tier
Journal: Journal of Mathematical Economics
Year: 2013
Volume: 49
Issue: 5
Pages: 398-404

Authors (2)

Riedel, Frank (Universität Bielefeld) Herzberg, Frederik (Universität Bielefeld)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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Abstract

We prove that in smooth Markovian continuous-time economies with potentially complete asset markets, Radner equilibria with endogenously complete markets exist.

Technical Details

RePEc Handle
repec:eee:mateco:v:49:y:2013:i:5:p:398-404
Journal Field
Theory
Author Count
2
Added to Database
2026-01-29