The identification of preferences from equilibrium prices under uncertainty

• 成果类型: Article
• 署名作者: Kübler, F; Chiappori, PA; Ekeland, I; Polemarchakis, HM
• 署名单位: Stanford University; University of Chicago; Universite PSL; Universite Paris-Dauphine; Universite PSL; Universite Paris-Dauphine; Brown University; Universite Catholique Louvain
• 刊物名称: JOURNAL OF ECONOMIC THEORY
• ISSN/ISSBN: 0022-0531
• DOI: 10.1006/jeth.2000.2773
• 发表日期: 2002
• 页码: 403-420
• 关键词: equilibrium; uncertainty; identification

摘要

The competitive equilibrium correspondence, which associates equilibrium prices of commodities and assets with allocations of endowments, identifies the preferences and beliefs of individuals under uncertainty; this is the case even if the asset market is incomplete. (C) 2001 Elsevier Science.