Existence of an endogenously complete equilibrium driven by a diffusion
The existence of complete Radner equilibria is established in an economy whose parameters are driven by a diffusion process. Our results complement those in the literature. In particular, we work under essentially minimal regularity conditions and treat the time-inhomogeneous case.
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| Format: | Journal article |
| Language: | English |
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Springer Verlag
2015
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| _version_ | 1797053277601267712 |
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| author | Kramkov, D |
| author_facet | Kramkov, D |
| author_sort | Kramkov, D |
| collection | OXFORD |
| description | The existence of complete Radner equilibria is established in an economy whose parameters are driven by a diffusion process. Our results complement those in the literature. In particular, we work under essentially minimal regularity conditions and treat the time-inhomogeneous case. |
| first_indexed | 2024-03-06T18:41:35Z |
| format | Journal article |
| id | oxford-uuid:0d08a35c-aa8d-43be-8f90-baa465213027 |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-06T18:41:35Z |
| publishDate | 2015 |
| publisher | Springer Verlag |
| record_format | dspace |
| spelling | oxford-uuid:0d08a35c-aa8d-43be-8f90-baa4652130272022-03-26T09:38:26ZExistence of an endogenously complete equilibrium driven by a diffusionJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:0d08a35c-aa8d-43be-8f90-baa465213027EnglishSymplectic Elements at OxfordSpringer Verlag2015Kramkov, DThe existence of complete Radner equilibria is established in an economy whose parameters are driven by a diffusion process. Our results complement those in the literature. In particular, we work under essentially minimal regularity conditions and treat the time-inhomogeneous case. |
| spellingShingle | Kramkov, D Existence of an endogenously complete equilibrium driven by a diffusion |
| title | Existence of an endogenously complete equilibrium driven by a diffusion |
| title_full | Existence of an endogenously complete equilibrium driven by a diffusion |
| title_fullStr | Existence of an endogenously complete equilibrium driven by a diffusion |
| title_full_unstemmed | Existence of an endogenously complete equilibrium driven by a diffusion |
| title_short | Existence of an endogenously complete equilibrium driven by a diffusion |
| title_sort | existence of an endogenously complete equilibrium driven by a diffusion |
| work_keys_str_mv | AT kramkovd existenceofanendogenouslycompleteequilibriumdrivenbyadiffusion |