John Geanakoplos
Abstract
I survey the major results in the theory of general equilibrium with incomplete asset markets. I also introduce the papers in this volume, and offer a few suggestions for further work.
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I survey the major results in the theory of general equilibrium with incomplete asset markets. I also introduce the papers in this volume, and offer a few suggestions for further work.
Key concepts: Incomplete markets, General equilibrium theory, Asset (computer security), Economics, Mathematical economics, Financial economics, Work (physics), Microeconomics