Talk:Incomplete markets

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if there's not all people can trade at the market simultaneously because they have finite life-time, is it incomplete market? —Preceding unsigned comment added by 71.113.225.20 (talk • contribs)

Try considering at one particular point of time. __earth (Talk) 12:43, 26 May 2007 (UTC)

The article is a great example of "academe speak" -- completely opaque to intelligent non-experts. As one of them (intelligent non-experts), let me cut through the obfuscation. Free market and perfect competition are ideal constructs and cannot exist in the real world.[1] The theory that comes nearest to providing a foundation for such constructs in the real world is Binary Economics. Admittedly it is inadequatly presented here at the moment, but should not be ignored. -- Janosabel 12:23, 26 May 2007 (UTC)

  1. ^ Daly and Cobb For The Common Good (1989, pp 49-51).