On an Edgeworth Characterization of Rational Expectations Equilibria in Atomless Asset Market Economies.

We provide a definition of the rational expectations core in an atomless economy with asset markets and show that allocations in the core can be decentralized by a system of asset and spot prices as rational expectations equilibria.

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Year of publication:	1996
Authors:	Koutsougeras, L.C.
Institutions:	Center for Operations Research and Econometrics (CORE), École des Sciences Économiques de Louvain
Subject:	EXPECTATIONS \| SECURITIES \| FINANCIAL MARKET

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Series:	Papers.
Type of publication:	Book / Working Paper
Notes:	9 pages
Classification:	D80 - Information and Uncertainty. General ; D84 - Expectations; Speculations ; G10 - General Financial Markets. General ; G19 - General Financial Markets. Other
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005669323