Generic Inefficiency of Stock Market Equilibrium When Markets Are Incomplete
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Other versions of this item:
- Geanakoplos, J. & Magill, M. & Quinzii, M. & Dreze, J., 1990. "Generic inefficiency of stock market equilibrium when markets are incomplete," Journal of Mathematical Economics, Elsevier, vol. 19(1-2), pages 113-151.
- Geanakoplos,Â J. & Magill, M. & Quinzii,Â M. & Dreze,Â J., 1990. "Generic inefficiency of stock market equilibrium when markets are incomplete," CORE Discussion Papers RP 916, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
References listed on IDEAS
- Joseph E. Stiglitz, 1982. "The Inefficiency of the Stock Market Equilibrium," Review of Economic Studies, Oxford University Press, vol. 49(2), pages 241-261.
- Peter Diamond, 1980. "Efficiency with Uncertain Supply," Review of Economic Studies, Oxford University Press, vol. 47(4), pages 645-651.
More about this item
KeywordsSecurities; stock market; market efficiency;
StatisticsAccess and download statistics
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