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Article
The Core of an Economy with Personal Risks
International Economic Review (1986)
  • Ferran Sancho, Universitat Autonoma de Barcelona
Abstract
The core of an economy where agents face personal risks is analyzed. Convergence theorems are proved that show that in large economies risks are covered in a competitive sense, i.e. the larger the economy the better risks are covered and the closer to competitive outcomes.
Publication Date
1986
Citation Information
Ferran Sancho. "The Core of an Economy with Personal Risks" International Economic Review Vol. 27 Iss. 2 (1986)
Available at: http://works.bepress.com/ferran_sancho/27/