DeMichelis, Stefano; Polemarchakis, Heraklis - 2002
, determinacy obtains as the frequency of trades tends to infinity or trade occurs in continuous time. If time extends infinitely … into the infinite past as well as into the infinite future, in continuous time, all non-stationary equilibrium paths of … with the frequency of trade, and, in continuous time, it is infinite; however, these are families of exponentially …