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- W2034024190 abstract "This note provides a correction for Lemma 4 in Kilenthong (Econ Theory 46:475–501, 2011). As pointed out in Zierhut (Econ Theory Bull, 2013), Assumption 2 in Kilenthong (Econ Theory 46:475–501, 2011) is not sufficient to guarantee that optimal allocations will be full risk sharing as claimed in Lemma 4 in Kilenthong (Econ Theory 46:475–501, 2011). This note shows that the main result still holds for an economy in which risk sharing rule is linear by providing a corrected sufficient condition for full risk sharing." @default.
- W2034024190 created "2016-06-24" @default.
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- W2034024190 date "2014-01-19" @default.
- W2034024190 modified "2023-09-28" @default.
- W2034024190 title "Correction for “Collateral premia and risk sharing under limited commitment” [Econ. Theory 46, 475–501 (2011)]" @default.
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- W2034024190 doi "https://doi.org/10.1007/s40505-013-0028-y" @default.
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