کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
966325 1479275 2009 15 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Core and equilibria in coalitional asymmetric information economies
موضوعات مرتبط
مهندسی و علوم پایه ریاضیات ریاضیات کاربردی
پیش نمایش صفحه اول مقاله
Core and equilibria in coalitional asymmetric information economies
چکیده انگلیسی
We study coalitional economies under uncertainty and asymmetric information, assuming a finitely additive measure space of agents and finitely many possible states of nature. We introduce a suitable core notion showing that it is equivalent to Walrasian expectations equilibria. The finitely additive approach proposed in the paper permits also asymmetric information economy with countably many agents, rather than requiring only a continuum. Moreover, it allows us to overcome well-known criticisms related to the interpretation of individual private core notions.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Mathematical Economics - Volume 45, Issues 3–4, 20 March 2009, Pages 293-307
نویسندگان
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