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Titlebook: Differential Topology and General Equilibrium with Complete and Incomplete Markets; Antonio Villanacci,Laura Carosi,Andrea Battinelli Book

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書目名稱Differential Topology and General Equilibrium with Complete and Incomplete Markets
編輯Antonio Villanacci,Laura Carosi,Andrea Battinelli
視頻videohttp://file.papertrans.cn/279/278804/278804.mp4
圖書封面Titlebook: Differential Topology and General Equilibrium with Complete and Incomplete Markets;  Antonio Villanacci,Laura Carosi,Andrea Battinelli Book
描述General equilibrium In this book we try to cope with the challenging task of reviewing the so called general equilibrium model and of discussing one specific aspect of the approach underlying it, namely, market completeness. With the denomination "general equilibrium" (from now on in short GE) we shall mainly refer to two different things. On one hand, in particular when using the expression "GE approach", we shall refer to a long established methodolog- ical tradition in building and developing economic models, which includes, as of today, an enormous amount of contributions, ranging in number by several 1 thousands ? On the other hand, in particular when using the expression "stan- dard differentiable GE model", we refer to a very specific version of economic model of exchange and production, to be presented in Chapters 8 and 9, and to be modified in Chapters 10 to 15. Such a version is certainly formulated within the GE approach, but it is generated by making several quite restrictive 2 assumptions ? Even to list and review very shortly all the collective work which can be ascribed to the GE approach would be a formidable task for several coauthors in a lifetime perspective. The
出版日期Book 2002
關(guān)鍵詞agents; differential topology; efficiency; equilibrium; general equilibrium; incomplete markets; manifold;
版次1
doihttps://doi.org/10.1007/978-1-4757-3619-9
isbn_softcover978-1-4419-5306-3
isbn_ebook978-1-4757-3619-9
copyrightSpringer Science+Business Media Dordrecht 2002
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Manifolds with Boundary In fact, around those points they look like closed euclidean halfspaces or even convex cones. The definition of manifold with boundary deals with this issue, encompassing a wider class of objects which includes some of the examples we have just referred to.
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sing one specific aspect of the approach underlying it, namely, market completeness. With the denomination "general equilibrium" (from now on in short GE) we shall mainly refer to two different things. On one hand, in particular when using the expression "GE approach", we shall refer to a long estab
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Reading Success in the Primary Yearsl side of the economy. In Section 2, we formalize a way of introducing financial assets, define the notion of complete . markets and study the relationship with complete markets. Finally, the definition of incomplete financial markets is given and the main fundamental results, which are going to be shown in the following chapters, are summarized.
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