MARKET EQUILIBRIUM IN A MULTIPERIOD STATE PREFERENCE MODEL WITH LOGARITHMIC UTILITY†

MARKET EQUILIBRIUM IN A MULTIPERIOD STATE PREFERENCE MODEL WITH LOGARITHMIC UTILITY†

  • Alan Kraus
  • Robert H. Litzenberger

Article first published online: 30th April 2012 DOI: 10.1111/j.1540-6261.1975.tb01050.x

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