Abstract
The purpose of this chapter is to give an overview of various conditions on consumers’ characteristics in an Arrow-Debreu economy which imply uniqueness of the equilibrium. Understanding these conditions in the complete markets case of the GEI-model lays the foundations of the results for incomplete markets presented in the next chapter.
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© 2002 Springer Science+Business Media Dordrecht
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Hens, T., Pilgrim, B. (2002). Uniqueness of Competitive Equilibria in the Arrow-Debreu Model. In: General Equilibrium Foundations of Finance. Theory and Decision Library, vol 33. Springer, Boston, MA. https://doi.org/10.1007/978-1-4757-5317-2_5
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DOI: https://doi.org/10.1007/978-1-4757-5317-2_5
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4419-5333-9
Online ISBN: 978-1-4757-5317-2
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