但它并不能交易给第三方，也就不完全是种可交换的资产。

But it cannot be traded to third parties, and it is not entirely fungible.

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本文主要研究多期的具有不完全金融市场的纯交换经济一般均衡问题。

In this paper, we consider the general equilibrium in multiperiod, pure exchange economies with incomplete financial markets.

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研究无穷维商品空间不完全实物资产市场两时期交换经济现货—金融市场平衡和合适伪平衡的等价性。

This paper studies the equivalence between the spot-financial market (FM) equilibrium and proper pseudo-equilibrium with infinite-dimensional commodity pace and incomplete real asset markets.

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