The existence and efficiency of general equilibrium with incomplete markets under Knightian uncertainty

Ma, Wei

dc.contributor.author	Ma, Wei
dc.date.accessioned	2016-08-11T06:27:36Z
dc.date.issued	2015-09
dc.description.abstract	This paper first establishes the existence of equilibrium for an economy with Knightian uncertainty and incomplete markets, and then demonstrates the constrained Pareto efficiency of the equilibrium when there is one commodity only in each state of nature.	en_ZA
dc.description.department	Economics	en_ZA
dc.description.embargo	2016-09-30
dc.description.librarian	hb2016	en_ZA
dc.description.sponsorship	ERSA(Economic Research Southern Africa).	en_ZA
dc.description.uri	http://www.elsevier.com/locate/ecolet	en_ZA
dc.identifier.citation	Ma, W 2015, 'The existence and efficiency of general equilibrium with incomplete markets under Knightian uncertainty', Economics Letters, vol. 134, pp. 78-81.	en_ZA
dc.identifier.issn	0165-1765 (print)
dc.identifier.issn	1873-7374 (online)
dc.identifier.other	10.1016/j.econlet.2015.06.013
dc.identifier.uri	http://hdl.handle.net/2263/56257
dc.language.iso	en	en_ZA
dc.publisher	Elsevier	en_ZA
dc.rights	© 2015 Elsevier B.V. All rights reserved. Notice : this is the author’s version of a work that was accepted for publication in Economics Letters. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Economics Letters, vol. 134, pp. 78-81, 2015. doi : 10.1016/j.econlet.2015.06.013.	en_ZA
dc.subject	Knightian uncertainty	en_ZA
dc.subject	Incomplete markets	en_ZA
dc.subject	General equilibrium	en_ZA
dc.subject	Pareto efficiency	en_ZA
dc.title	The existence and efficiency of general equilibrium with incomplete markets under Knightian uncertainty	en_ZA
dc.type	Postprint Article	en_ZA