The Study On Equilibrium With Incomplete Markets

The mathematical economics has progressed enormously in recent decades.The people have extended traditional economical model and discussed the existence of equilibrium .At the base of these ,we change traditional economical equilibrium model and get some result .This paper includes two parts and establishes two kinds of equilibrium model In the first part ,we establish incomplete real markets model with a single good.Critical equilibrium ,critical economies are introduced .At the same time we prove that the set of critical equilibrium is closed and has measure zero in the equilibrium set when the price of good change in the market. In the second part,we establish the economical model with weight incomplete real asset markets and prove the existence of the equilibrium by introducing weight...