Arbeitspapier
Arrow-Debreu equilibria with asymptotically heterogeneous expectations exist
In infinite horizon economies only local equivalence of beliefs is needed to ensure the existence of an Arrow-Debreu equilibrium. In fact, agents can even disagree completely in the long run in the sense that asymptotically, their beliefs are singular.
- Language
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Englisch
- Bibliographic citation
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Series: SFB 373 Discussion Paper ; No. 2001,28
- Classification
-
Wirtschaft
Exchange and Production Economies
Expectations; Speculations
- Subject
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Heterogeneous expectations
Arrow-Debreu equilibrium
- Event
-
Geistige Schöpfung
- (who)
-
Riedel, Frank
- Event
-
Veröffentlichung
- (who)
-
Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes
- (where)
-
Berlin
- (when)
-
2001
- Handle
- URN
-
urn:nbn:de:kobv:11-10049568
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Riedel, Frank
- Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes
Time of origin
- 2001