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 language | English |
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Pages (from-to) | 87-90 |
Number of pages | 4 |
Journal | Mathematical Social Sciences |
Volume | 66 |
Issue number | 1 |
DOIs | |
Publication status | Published - 2013 Jul |
ASJC Scopus subject areas
- Sociology and Political Science
- General Social Sciences
- General Psychology
- Statistics, Probability and Uncertainty