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Discreteness of Equilibria in Incomplete Markets With a Continuum of States
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Resumo(s)
We discuss the issue, raised by Mas-Colell (1991) whether the local uniqueness (relative to the L topology) may be a generic property of equilibria in incomplete markets economies with a continuum of states.
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Citação
Monteiro, Paul Klinger and Páscoa, Mário Rui, Discreteness of Equilibria in Incomplete Markets With a Continuum of States (June, 1997). FEUNL Working Paper Series No. 299