文章基本信息

标题：No-arbitrage and Equilibrium in Finite Dimension: A General Result.
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作者：Thai Ha-Huy ; Cuong Le Van ; Frank Page 等
期刊名称：Documents de Travail du Centre d'Economie de la Sorbonne
印刷版ISSN：1955-611X
出版年度：2017
出版社：Centre d'Economie de la Sorbonne
摘要：We consider an exchange economy with a nite number of assets anda nite number of agents. The utility functions of the agents are concave,strictly increasing and their suprema equal inty. We use weakno-arbitrage prices a la Dana and Le Van [5]. Our main result is anequilibrium exists if, and only if, their exists a weak no-arbitrage pricecommon to all the agents.
关键词：asset market equilibrium; individually rational attainable;allocations; individually rational utility set; no-arbitrage prices; weak noarbitrage;prices; no-arbitrage condition