The index theorem for a GEI economy when the degree of incompleteness is even

The purpose of this paper is to present a method to compute the index in an incomplete market economy. We show that generically in endowments and the asset structure the index theorem holds when the deficiency of markets, S-J, is even. The result is based on the indices of homotopies which have been presented for computation of an equilibrium in incomplete market economies.

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Year of publication:	2003
Authors:	Momi, Takeshi
Published in:	Journal of Mathematical Economics. - Elsevier, ISSN 0304-4068. - Vol. 39.2003, 3-4, p. 273-297
Publisher:	Elsevier
Subject:	Incomplete market Index theorem Homotopy

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005216604