Generic non-existence of general equilibrium with EUU preferences under extreme ambiguity

Journal of Mathematical Economics - Tập 61 - Trang 185-191 - 2015
João Correia-da-Silva

Tài liệu tham khảo

Allais, 1953, Le comportement de l’homme rationnel devant le risque: critique des postulats et axiomes de l’ecole Americaine, Econometrica, 21, 503, 10.2307/1907921 Arrow, 1953, The role of securities in the optimal allocation of risk-bearing, Econometrie Arrow, 1954, Existence of an equilibrium for a competitive economy, Econometrica, 22, 265, 10.2307/1907353 Arrow, 1972, An optimality criterion for decision making under ignorance Chateauneuf, 2007, Choice under uncertainty with the best and worst in mind: Neo-additive capacities, J. Econom. Theory, 137, 538, 10.1016/j.jet.2007.01.017 Correia-da-Silva, 2009, Prudent expectations equilibrium in economies with uncertain delivery, Econom. Theory, 39, 67, 10.1007/s00199-007-0316-6 Debreu, 1959 Debreu, 1972, Smooth preferences, Econometrica, 40, 603, 10.2307/1912956 de Castro, 2011, Core and equilibria under ambiguity, Econom. Theory, 48, 519, 10.1007/s00199-011-0637-3 Dempster, 1967, Upper and lower probabilities induced by a multivalued mapping, Ann. Math. Statist., 38, 325, 10.1214/aoms/1177698950 Ellsberg, 1961, Risk, ambiguity and the Savage axioms, Quart. J. Econ., 75, 643, 10.2307/1884324 Gilboa, 1989, Maxmin expected utility with a non-unique prior, J. Math. Econom., 18, 141, 10.1016/0304-4068(89)90018-9 Gul, 2014, Expected uncertain utility theory, Econometrica, 82, 1, 10.3982/ECTA9188 Hildenbrand, 1970, Existence of equilibria for economies with production and a measure space of consumers, Econometrica, 38, 608, 10.2307/1912197 Kajii, 2009, Interim efficient allocations under uncertainty, J. Econom. Theory, 144, 337, 10.1016/j.jet.2008.05.006 Mas-Colell, 1985 Páscoa, 1999, Determinacy of equilibria in nonsmooth economies, J. Math. Econom., 32, 289, 10.1016/S0304-4068(98)00052-4 Rader, 1973, Nice demand functions, Econometrica, 41, 913, 10.2307/1913814 Radner, 1968, Competitive equilibrium under uncertainty, Econometrica, 36, 31, 10.2307/1909602 Rigotti, 2008, Subjective beliefs and ex ante trade, Econometrica, 76, 1167, 10.3982/ECTA7660 Shafer, 1976 Shannon, 1994, Regular nonsmooth equations, J. Math. Econom., 23, 147, 10.1016/0304-4068(94)90003-5