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Cataloged Resource Summary

 

Title

The Equivalence Theorem - Arrow-Debreu and Radner

Categories

General Equilibrium
Information and Uncertainty

Type

Article

Description

This article proves that the allocations in a Radner equilibrium would be equivalent to the allocations in an Arrow-Debreu equilibrium.

URL

http://cepa.newschool.edu/het/essays/sequence/radnequivalence.htm

Home URL

http://cepa.newschool.edu/het/
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