An alternative proof for the existence of Radner equilibria

Seung Han Yoo

doi:10.1016/j.mathsocsci.2013.01.006

An alternative proof for the existence of Radner equilibria

Seung Han Yoo

Department of Economics

Research output: Contribution to journal › Article › peer-review

1 Citation (Scopus)

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
Pages (from-to)	87-90
Number of pages	4
Journal	Mathematical Social Sciences
Volume	66
Issue number	1
DOIs	https://doi.org/10.1016/j.mathsocsci.2013.01.006
Publication status	Published - 2013 Jul

ASJC Scopus subject areas

Sociology and Political Science
Social Sciences(all)
Psychology(all)
Statistics, Probability and Uncertainty

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10.1016/j.mathsocsci.2013.01.006

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An alternative proof for the existence of Radner equilibria

Abstract

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