کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
4616174 | 1339341 | 2014 | 17 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Aggregate preferred correspondence and the existence of a maximin REE
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موضوعات مرتبط
مهندسی و علوم پایه
ریاضیات
آنالیز ریاضی
پیش نمایش صفحه اول مقاله
چکیده انگلیسی
A general model of a pure exchange differential information economy is studied. In this economic model, the space of states of nature is a complete probability measure space, the space of agents is a finite measure space, and the commodity space is the Euclidean space. Under some appropriate and standard assumptions on agents' characteristics, results on continuity and measurability of the aggregate preferred correspondence similar to that of Aumann [8] are established. These results together with other techniques are then employed to prove the existence of a maximin rational expectations equilibrium (maximin REE) of the economic model.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Mathematical Analysis and Applications - Volume 414, Issue 1, 1 June 2014, Pages 29–45
Journal: Journal of Mathematical Analysis and Applications - Volume 414, Issue 1, 1 June 2014, Pages 29–45
نویسندگان
Anuj Bhowmik, Jiling Cao, Nicholas C. Yannelis,