Bottazzi, J.-M.; Meddeb, M. - Centre de recherche de mathématiques et économie … - 1999
In this paper we generalize Magill and Shafer's analysis of generically complete markets in the presence of an open-ended horizon. Until now, the genericity argument in Duffie and Shafer has no satisfactory generalisation to the case of an open ended horizon. These difficulties are threefold:...