The Structure of Equilibrium in an Asset Market with Variable Supply
AbstractThis note presents new results on existence of rich Fubini extensions. The notion of a rich Fubini extension was recently introduced by Sun (2006) and shown by him to provide the proper framework to obtain an exact law of large numbers for a continuum of random variables. In contrast to the existence results for rich Fubini extensions established by Sun (2006), the arguments in this note don’t use constructions from nonstandard analysis.
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Bibliographic InfoPaper provided by University of Vienna, Department of Economics in its series Vienna Economics Papers with number 0807.
Date of creation: May 2008
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Find related papers by JEL classification:
- C00 - Mathematical and Quantitative Methods - - General - - - General
- C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
- D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-06-27 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Sun, Yeneng, 2006. "The exact law of large numbers via Fubini extension and characterization of insurable risks," Journal of Economic Theory, Elsevier, vol. 126(1), pages 31-69, January.
- Al-Najjar, Nabil I., 2004. "Aggregation and the law of large numbers in large economies," Games and Economic Behavior, Elsevier, vol. 47(1), pages 1-35, April.
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