Regular ArticleExistence of Arrow–Radner Equilibrium with Endogenously Complete Markets under Incomplete Information☆
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This paper is a revised version of Chapter 1 of my Dissertation thesis at Humboldt University. I am grateful to Peter Bank, Hans Föllmer, Thorsten Hens, and especially Marcel Rindisbacher, my discussant at NASM 98 in Montreal, for useful advice. Financial support from Deutsche Forschungsgemeinschaft, Graduiertenkolleg Angewandte Mikroökonomik, is gratefully acknowledged.
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