The Identification of Preferences from Equilibrium Prices under Uncertainty

Date

2000

Publisher city

Paris

Publisher

Cahier de recherche CEREMADE, Université Paris-Dauphine

Publishing date

2000

Link to item file

https://hal-hec.archives-ouvertes.fr/hal-00598231

Dewey

Probabilités et mathématiques appliquées

Sujet

identiﬁcation; equilibrium; uncertainty; identiﬁcation.

Author

Kübler, Felix

157237 Department of Economics

Chiappori, Pierre-André

157235 Department of Economics

Ekeland, Ivar

60 CEntre de REcherches en MAthématiques de la DEcision [CEREMADE]
157239 Institut of Finance

Polemarchakis, Heracles M.

48233 Center of Operation Research and Econometrics [Louvain] [CORE]
164571 Department of Economics

Type

Document de travail / Working paper

Abstract (EN)

The competitive equilibrium correspondence, which associates equilibrium prices of commodities and assets with allocations of endowments, identifies the preferences and beliefs of individuals under uncertainty; this is the case even if the asset market is incomplete.