Non Ordered Preferences
Mostrando 1-2 de 2 artigos, teses e dissertações.
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1. Non-emptiness of the alpha-core
We prove non-emptiness of the alpha-core for balanced games with non-ordered preferences, extending and generalizing in several aspects the results of Scarf (1971), Border (1984), Florenzano (1989), Yannelis (1991) and Kajii (1992). In particular we answer an open question in Kajii (1992) regarding the applicability of the non-emptiness results to models wit
Escola de Pós-Graduação em Economia da FGV. Publicado em: 06/05/2011
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2. GENERAL EQUILIBRIUM EXISTENCE WITH ASSET-BACKED SECURITIZATION / EQUILÍBRIO GERAL E SECURITIZAÇÃO DE ATIVOS
We propose a specification of a general equilibrium model with securitization of collateral-backed promises and discuss the role of physical collateral to avoid, in equilibrium, pessimistic beliefs about the future rates of default. Promises are pooled in either pass-through securities or collateralized loans obligations (CLO), allowing the existence of diff
Publicado em: 2004