The index theorem for a GEI economy when the degree of incompleteness is even
AbstractThe purpose of this paper is to present a method to compute the index in an incomplete market economy. We show that generically in endowments and the asset structure the index theorem holds when the deficiency of markets, S-J, is even. The result is based on the indices of homotopies which have been presented for computation of an equilibrium in incomplete market economies.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Mathematical Economics.
Volume (Year): 39 (2003)
Issue (Month): 3-4 (June)
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Web page: http://www.elsevier.com/locate/jmateco
Incomplete market Index theorem Homotopy;
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