Publication

1998-09-13 - Cambridge University Press

Language

English

Word Count

90,000 words, Guess

Page Count

360 pages

Physical Format

Hardcover

Identifiers

and 1 more

First Sentence

In the now classical extension of the general competitive model to include time and uncertainty, it was observed that if at time 0 (today) there are markets for future delivery of all goods contingent on the date and state of nature, then the resulting equilibrium allocation will be Pareto efficient.

Subjects

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