I was going over question I1 on the 2006 exam this evening. I think it would be worth discussing (1) sufficient conditions for uniqueness of equilibria and (2) situations of effective market completeness.
I know this is a little vague, but I'll try to flesh out the details and revise this post before the next meeting.
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1 comment:
I agree, although I thought that we could never really say anything about uniqueness.
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