Radner equilibrium

GPTKB entity

Statements (21)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:appliesTo economies with uncertainty
gptkbp:assumes rational expectations
private information possible
gptkbp:characterizedBy agents trade assets before uncertainty is resolved
goods traded after uncertainty is resolved
gptkbp:describes allocation of resources under uncertainty
gptkbp:field economics
general equilibrium theory
https://www.w3.org/2000/01/rdf-schema#label Radner equilibrium
gptkbp:introducedIn 1972
gptkbp:involves incomplete markets
sequential trading
gptkbp:namedAfter gptkb:Roy_Radner
gptkbp:publishedIn gptkb:Econometrica
gptkbp:relatedTo gptkb:Arrow–Debreu_equilibrium
gptkbp:usedIn macroeconomics
financial economics
asset pricing theory
gptkbp:bfsParent gptkb:Roy_Radner
gptkbp:bfsLayer 7