Pareto Improving Price Regulation When the Asset Market is Incomplete

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Pareto improving price regulation when the asset market is incomplete . 1

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2 The research of Herings was made possible by a fellowship of the Royal Nether-lands Academy of Arts and Sciences and a grant of the Netherlands Organization for Scientific Research (NWO); while this paper was being written, he enjoyed the generous hospitality of the Cowles Foundation. 3 John Geanakoplos and Hamid Sabourian asked questions that clarified a number of points in earlier drafts of...

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ژورنال

عنوان ژورنال: SSRN Electronic Journal

سال: 1999

ISSN: 1556-5068

DOI: 10.2139/ssrn.166494