Existence of an endogenously complete equilibrium driven by a diffusion

Dmitry Kramkov
2018
The existence of complete Radner equilibria is established in an economy whose parameters are driven by a diffusion process. Our results complement those in the literature. In particular, we work under essentially minimal regularity conditions and treat the timeinhomogeneous case.
doi:10.1184/r1/6477374 fatcat:ywlafv2whbekhl3g3uclaiur4y