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dc.contributor.authorGOTTARDI, Piero
dc.contributor.authorRAHI, Rohit
dc.date.accessioned2012-01-19T13:26:45Z
dc.date.available2012-01-19T13:26:45Z
dc.date.issued2012
dc.identifier.issn1725-6704
dc.identifier.urihttp://hdl.handle.net/1814/20016
dc.description.abstractAt a competitive equilibrium of an incomplete-markets economy agents’ marginal valuations for the tradable assets are equalized ex-ante. We characterize the finest partition of the state space conditional on which this equality holds for any economy. This leads naturally to a necessary and sufficient condition on information that would lead to retrade, if such information were to become publicly available after the initial round of trade.en
dc.format.mimetypeapplication/pdf
dc.language.isoenen
dc.relation.ispartofseriesEUI ECOen
dc.relation.ispartofseries2012/03en
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectCompetitive Equilibriumen
dc.subjectIncomplete Marketsen
dc.subjectInformationen
dc.subjectRe-tradingen
dc.subjectD52en
dc.subjectD80en
dc.titleRisk-Sharing and Retrading in Incomplete Marketsen
dc.typeWorking Paperen
dc.neeo.contributorGOTTARDI|Piero|aut|EUI70004
dc.neeo.contributorRAHI|Rohit|aut|
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