Open AccessBook
Theory of Value
E. Baudier,Gerard Debreu +1 more
Reads0
Chats0
About:
The article was published on 1959-01-01 and is currently open access. It has received 2885 citations till now. The article focuses on the topics: Value theory.read more
Citations
More filters
Journal ArticleDOI
Existence and optimality of currency equilibrium in stochastic overlapping generations models: The pure endowment case☆
TL;DR: In this article, the authors considered a pure exchange stochastic overlapping generations economy and provided sufficient conditions for the existence of a monetary equilibrium and a characterization of optimality, and showed that in such an economy, the contingent claim prices associated with an allocation are such that the social endowment is bounded.
Book ChapterDOI
On extensive form implementation of contracts in differential information economies
TL;DR: In this article, the authors consider the possible implementation of Radner equilibrium, rational expectations equilibrium, private core, weak fine core, and weak fine value as perfect Bayesian or sequential equilibria of non-cooperative dynamic formulations.
Journal ArticleDOI
On a Market Equilibrium Theorem with an Infinite Number of Commodities
TL;DR: A direct proof of the market equilibrium theorem of Gale, Nikaido and Debreu for an infinite-dimensional commodity space is given in this paper, which is closely related to a recent result of Aliprantis and Brown, but allows for excess demand correspondences rather than excess demand functions.
Journal ArticleDOI
The Structure of the Cost of Capital under Uncertainty
TL;DR: In this article, the existence of equilibrium prices for capital assets under uncertainty is investigated, and some results can be derived without recourse to the way individuals make decisions, their detailed preferences or their subjective assessments of probabilities.
Book ChapterDOI
Estimating Policy-Invariant Deep Parameters in the Financial Sector When Risk and Growth Matter
TL;DR: In this paper, an approach to the estimation of technology parameters in the financial sector is presented, where the relevant technologies are those of the financial intermediaries that produce inside money as output services and the non-financial firms that demand financial services as inputs to production technology.