EconStor >
Universität Bielefeld >
Institute of Mathematical Economics (IMW), Universität Bielefeld >
Working Papers, Institute of Mathematical Economics, Universität Bielefeld >

Please use this identifier to cite or link to this item:
Title:Existence of financial equilibria in continuous time with potentially complete markets PDF Logo
Authors:Riedel, Frank
Herzberg, Frederik
Issue Date:2010
Series/Report no.:Working papers // Institute of Mathematical Economics 443
Abstract:We prove that in smooth Markovian continuous-time economies with potentially complete asset markets, Radner equilibria with endogenously complete markets exist.
Subjects:Potentially complete market
Continuous-time financial
Radner equilibrium
Itô diffusion
Analytic transition density
Document Type:Working Paper
Appears in Collections:Working Papers, Institute of Mathematical Economics, Universität Bielefeld

Files in This Item:
File Description SizeFormat
641920628.pdf365.5 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.