Search Results - subject:"restricted participation"

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

Boisdeffre, Lionel de - 2025

Persistent link: https://www.econbiz.de/10015420532

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

Boisdeffre, Lionel de - 2024

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

Price impact under heterogeneous beliefs and restricted participation

Anthropelos, Michail; Kardaras, Constantinos - In: Journal of economic theory : JET 215 (2024), pp. 1-25

Persistent link: https://www.econbiz.de/10014460306

Restricted participation on financial markets : a general equilibrium approach using variational inequality methods

Donato, Maria Bernadette; Milasi, Monica; Villanacci, … - In: Networks and spatial economics : a journal of … 22 (2022) 2, pp. 327-359

Persistent link: https://www.econbiz.de/10013455387

Walrasian foundations for equilibria in segmented markets

Rahi, Rohit; Zigrand, Jean-Pierre - London School of Economics (LSE) - 2014

We study a CAPM economy with segmented financial markets and competitive arbitrageurs who link these markets. We show that the equilibrium of the arbitraged economy is Walrasian in the sense that it coincides with the equilibrium of an appropriately defined competitive economy with no...

Persistent link: https://www.econbiz.de/10011126554

Equilibria in a multi-period economy.

Cornet, Bernard; Ranjan, Abhishek - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2013

We consider the model of a financial exchange economy with finitely many periods having financial restricted … participation i.e., each agents portfolio choice is restricted to a closed convex set containing zero, as in Siconolfi [1989]. Time …

Persistent link: https://www.econbiz.de/10010617541

Existence of equilibria via quasi-equilibria.

Cornet, Bernard; Ranjan, Abhishek - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2013

We consider a 2-date model of a financial exchange economy with finitely many agents having non-ordered preferences and portfolio constraints. There is a market for physical commodities for every state today and tomorrow, and financial transfers across time and states are allowed by means of...

Persistent link: https://www.econbiz.de/10010617545

Equilibria in a multi-period economy

Cornet, Bernard; Ranjan, Abhishek - HAL - 2013

Persistent link: https://www.econbiz.de/10010635083

Existence of equilibria via quasi-equilibria

Cornet, Bernard; Ranjan, Abhishek - HAL - 2013

Persistent link: https://www.econbiz.de/10010635186

Incomplete Financial Markets With Real Assets and Endogenous Credit Limits

Hoelle, Matthew; Pireddu, Marina; Villanacci, Antonio - Krannert School of Management, Purdue University - 2012

In this paper we analyze the effects of restricted participation in a two-period gen- eral equilibrium model with …

Persistent link: https://www.econbiz.de/10010555529