No-arbitrage condition and existence of equilibrium with dividends - HAL-SHS - Sciences de l'Homme et de la Société
Article Dans Une Revue Journal of Mathematical Economics Année : 2007

No-arbitrage condition and existence of equilibrium with dividends

Cuong Le Van

Résumé

In this paper we first give an elementary proof of existence of equilibrium with dividends in an economy with possibly satiated consumers.
We then introduce a no-arbitrage condition and show that it is equivalent to the existence of equilibrium with dividends.
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Dates et versions

halshs-00101177 , version 1 (26-09-2006)

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Citer

Cuong Le Van, Nguyen Ba Minh. No-arbitrage condition and existence of equilibrium with dividends. Journal of Mathematical Economics, 2007, 43 (2), pp.135-152. ⟨10.1016/j.jmateco.2006.05.010⟩. ⟨halshs-00101177⟩
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