Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9551844 | Games and Economic Behavior | 2005 | 21 Pages |
Abstract
We analyze the ex ante incentive compatible core for replicated private information economies. We show that any allocation in the core when the economy is replicated sufficiently often is approximately Walrasian for the associated Arrow-Debreu economy.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Richard McLean, Andrew Postlewaite,