Pareto improving price regulation when the asset market is incomplete

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Authors	:	Herings, Jean-Jacques Polemarchakis, Heracles M.
Document type	:	Document de travail (Working Paper)
Abstract	:	The asset market is incomplete. Fix-price equilibria exist. Price regulation Pareto improves on a competitive allocation.
Access type	:	Accès libre
Publication date	:	1998
Collection	:	CORE Discussion Papers - 1998/41
Affiliation	:	UCL - CORE - Center for Operations Research and Econometrics
Keywords	:	Incomplete asset market ; Fix-price equilibria ; Pareto improvement
Links	:	http://www.core.ucl.ac.be/services/psfiles/dp98/dp9841.pdf [Handle]http://hdl.handle.net/2078.1/3949

Bibliographic reference	Herings, Jean-Jacques ; Polemarchakis, Heracles M.. Pareto improving price regulation when the asset market is incomplete. CORE Discussion Papers ; 1998/41 (1998)
Permanent URL	http://hdl.handle.net/2078.1/3949