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Igor Evstigneev and Guillaume Carlier |
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''On Dynkin's model of economic equilibrium under uncertainty'' |
( 2001, Vol. 3 No.12 ) |
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The article analyzes the Dynkin (1975) stochastic model of economic equilibrium. We solve a question regarding this model that was open for a long time. We provide arguments yielding a complete proof of Dynkin's existence theorem for equilibrium paths. |
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JEL: D5 - General Equilibrium and Disequilibrium: General |
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Manuscript Received : Sep 24 2001 | | Manuscript Accepted : Sep 30 2001 |
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