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Duffie, D. and Shafer, W. (1986) Equilibrium and the Role of the Firm in Incomplete Markets. Research Paper 915, Graduate School of Business, Stanford University, Stanford.

has been cited by the following article:

• TITLE: Production in General Equilibrium with Incomplete Financial Markets

  AUTHORS: Pascal Stiefenhofer

  KEYWORDS: General Equilibrium, Incomplete Financial Markets, Production, Existence of Equilibria, Transversality

  JOURNAL NAME: Journal of Mathematical Finance, Vol.6 No.2, May 13, 2016

  ABSTRACT: This paper considers a general equilibrium model with incomplete financial markets where production sets depend on the financial decisions of the firms. In the short run, firms make financial choices in order to build up production capacity. Given production capacity firms make profit maximizing production decisions in period two. We provide the conditions of existence of equilibria.