논문KCI 등재
Markets with countably many periods and a countable number of agents without ordered preferences
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Peleg-Yaari (1970) provide a theoretical foundation for the intertemporal resource allocation problem over discrete time and prove the existence of a competitive equilibrium with a finite number of agents. In this paper, we present a generalization that includes non-ordered preferences, no free disposal, and a countable infinity of agents.
Abstract
Peleg-Yaari (1970) provide a theoretical foundation for the intertemporal resource allocation problem over discrete time and prove the existence of a competitive equilibrium with a finite number of agents. In this paper, we present a generalization that includes non-ordered preferences, no free disposal, and a countable infinity of agents.
참고문헌 (17)
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관련 논문AI추천
A Note on Equilibrium in Constrained Incomplete Markets with Non-Ordered Preferences원동철, 한광석한국계량경제학회 · 계량경제학보2011 · 제22권 제1호SATIATION AND EQUILIBRIUM IN UNBOUNDED EXCHANGE ECONOMIES원동철, 한광석한국경제학회 · The Korean Economic Review2009 · 제25권 제2호Incomplete Markets with Endogenous Portfolio Constraints and Redundant Assets한광석경제연구소 · Seoul Journal of Economics2014 · 제27권 제4호A Simple Model of Incomplete Markets with Endogenous Portfolio Constraints한광석한국경제통상학회 · 경제연구2014 · 제32권 제3호EQUILIBRIUM IN PRODUCTION ECONOMIES WITH NONTRANSITIVE AND SATIABLE PREFERENCES한광석한국경제학회 · The Korean Economic Review2007 · 제23권 제2호EQUILIBRIUM IN FINANCIAL MARKETS WITH MARKET FRICTIONS원동철, 한광석한국경제학회 · The Korean Economic Review2007 · 제23권 제2호
