On regular symmetric economies

成果类型:
Article
署名作者:
Prechac, C
署名单位:
heSam Universite; Universite Pantheon-Sorbonne
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1006/jeth.1996.0044
发表日期:
1996
页码:
198-204
关键词:
摘要:
This note provides an alternative proof of a recent result of Balasko, Cass, and Shell, namely that the set of regular symmetric economies of a sunspot model with complete markets coincides with the set of regular economics of the underlying model without uncertainty. Besides being more elementary, our proof provides additional information on the structure of the set of critical equilibria. (C) 1996 Academic Press, Inc.