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Competitive Equilibria in Incomplete Markets with Risk Loving Preferences

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Listed:
  • Herings, P.J.J.

    (Tilburg University, Center For Economic Research)

  • Zhan, Yang

Abstract

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Suggested Citation

  • Herings, P.J.J. & Zhan, Yang, 2022. "Competitive Equilibria in Incomplete Markets with Risk Loving Preferences," Discussion Paper 2022-026, Tilburg University, Center for Economic Research.
    • Handle: RePEc:tiu:tiucen:a8d79048-2351-4e73-97ce-91a84f770e82
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    References listed on IDEAS

    as
    1. Aloisio Araujo & Alain Chateauneuf & Juan Pablo Gama & Rodrigo Novinski, 2018. "General Equilibrium With Uncertainty Loving Preferences," Econometrica, Econometric Society, vol. 86(5), pages 1859-1871, September.
    2. Geanakoplos, J. & Polemarchakis, H., 1985. "Existence,regularity, and constrained suboptimality of competitive allocations when the asset market is incomplete," LIDAM Discussion Papers CORE 1985037, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    3. Danilov, Vladimir & Koshevoy, Gleb & Murota, Kazuo, 2001. "Discrete convexity and equilibria in economies with indivisible goods and money," Mathematical Social Sciences, Elsevier, vol. 41(3), pages 251-273, May.
    4. De Giorgi, Enrico & Hens, Thorsten & Rieger, Marc Oliver, 2010. "Financial market equilibria with cumulative prospect theory," Journal of Mathematical Economics, Elsevier, vol. 46(5), pages 633-651, September.
    5. Gottardi, Piero & Hens, Thorsten, 1996. "The Survival Assumption and Existence of Competitive Equilibria When Asset Markets are Incomplete," Journal of Economic Theory, Elsevier, vol. 71(2), pages 313-323, November.
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    Cited by:

    1. Mario Ghossoub & Qinghua Ren & Ruodu Wang, 2024. "Counter-monotonic risk allocations and distortion risk measures," Papers 2407.16099, arXiv.org.

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    More about this item

    Keywords

    Risk lovers; competitive equilibrium; market incompleteness; equilibrium existence;
    All these keywords.

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