Search Results - subject:"Existence of equilibrium"

Equilibrium with asymmetric information and restricted participation : the no-arbitrage characterization

Boisdeffre, Lionel de - 2024

Persistent link: https://www.econbiz.de/10015357382

Dropping the Cass trick and extending Cass' theorem to asymmetric information and restricted participation

Boisdeffre, Lionel de - 2021

Persistent link: https://www.econbiz.de/10012667156

On the Existence and Uniqueness of Equilibrium in the Bottleneck Model with Atomic Users

Silva, Hugo Emilio; Lindsey, Robin; de Palma, André; … - 2014

This paper investigates the existence and uniqueness of equilibrium in the Vickrey bottleneck model when each user controls a positive fraction of total traffic. Users simultaneously choose departure schedules for their vehicle fleets. Each user internalizes the congestion cost that each of its...

Persistent link: https://www.econbiz.de/10010491304

On the Existence and Uniqueness of Equilibrium in the Bottleneck Model with Atomic Users

Silva, Hugo Emilio; Lindsey, Robin; Palma, André de; … - Tinbergen Instituut - 2014

Persistent link: https://www.econbiz.de/10011261921

On existence and bubbles of Ramsey equilibrium with borrowing constraints.

Becker, Robert; Bosi, Stefano; Van, Cuong Le; … - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2014

We study the existence of equilibrium and rational bubbles in a Ramsey model with heterogeneous agents, borrowing … constraints and endogenous labor. Applying a Kakutani's fixed-point theorem, we prove the existence of equilibrium in a time … fundamentals. Taking the limit of a sequence of truncated economies, we eventually obtain the existence of equilibrium in the …

Persistent link: https://www.econbiz.de/10011184310

On existence and bubbles of Ramsey equilibrium with borrowing constraints

Becker, Robert; Bosi, Stefano; Van, Cuong Le; … - HAL - 2014

Persistent link: https://www.econbiz.de/10011025791

On the existence and uniqueness of equilibrium in the bottleneck model with atomic users

Silva, Hugo E.; Lindsey, Robin; Palma, André de; Berg, … - 2014 - This version: May 26th, 2014

Persistent link: https://www.econbiz.de/10010370659

Existence of Nash Equilibrium in games with a measure space of players and discontinuous payoff functions

Carmona, Guilherme; Podczeck, Konrad - Volkswirtschaftliche Fakultät, … - 2013

Balder's (2002) model of games with a measure space of players is integrated with the line of research on finite-player games with discontinuous payoff functions which follows Reny (1999). Specifically, we extend the notion of continuous security, introduced by McLennan, Monteiro and Tourky...

Persistent link: https://www.econbiz.de/10011108045

Integrating Real and Financial Decisions of the Firm

Mirman, Leonard J.; Salgueiro, Egas M.; Santugini, Marc - Centre Interuniversitaire sur le Risque, les Politiques … - 2013

in the real market and CARA preferences. We show the existence of equilibrium either in a competitive and a uncompetitive …

Persistent link: https://www.econbiz.de/10011263110

Savage Games: A Theory of Strategic Interaction with Purely Subjective Uncertainty

Grant, Simon; Meneghel, Idione; Tourky, Rabee - School of Economics, University of Queensland - 2013

of Savage’s null events. We prove the existence of equilibrium in Savage games. This result eschews any notion of … attitudes towards uncertainty in a strategic setting. We illustrate our results on the existence of equilibrium by means of …

Persistent link: https://www.econbiz.de/10010879332