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The core of an exchange economy with asymmetric information

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  • Ulrich Schwalbe

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  • Ulrich Schwalbe, 1999. "The core of an exchange economy with asymmetric information," Journal of Economics, Springer, vol. 70(2), pages 155-185, June.
    • Handle: RePEc:kap:jeczfn:v:70:y:1999:i:2:p:155-185
    DOI: 10.1007/BF01224767
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    References listed on IDEAS

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    1. Leonidas C. Koutsougeras, 1998. "A two-stage core with applications to asset market and differential information economies," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 11(3), pages 563-584.
    2. Oscar Volij, 2000. "Communication, credible improvements and the core of an economy with asymmetric information," International Journal of Game Theory, Springer;Game Theory Society, vol. 29(1), pages 63-79.
    3. Rafael Repullo, 1988. "The Core of an Economy with Transaction Costs," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 55(3), pages 447-458.
    4. Robert Wilson, 2005. "Information, efficiency, and the core of an economy," Studies in Economic Theory, in: Dionysius Glycopantis & Nicholas C. Yannelis (ed.), Differential Information Economies, pages 55-64, Springer.
    5. Cotter, Kevin D., 1986. "Similarity of information and behavior with a pointwise convergence topology," Journal of Mathematical Economics, Elsevier, vol. 15(1), pages 25-38, February.
    6. KOUTSOUGERAS, Leonidas C., 1998. "A two-stage core with applications to asset market and differential information economies," LIDAM Reprints CORE 1428, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    7. Yannelis, Nicholas C, 1991. "The Core of an Economy with Differential Information," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 1(2), pages 183-197, April.
    8. Honkapohja, Seppo, 1977. "Money and the core in a sequence economy with transaction costs," European Economic Review, Elsevier, vol. 10(2), pages 241-251.
    9. Rajiv Vohra, 1997. "Incomplete Information, Incentive Compatibility and the Core," Working Papers 97-11, Brown University, Department of Economics.
    10. Stinchcombe, Maxwell B., 1990. "Bayesian information topologies," Journal of Mathematical Economics, Elsevier, vol. 19(3), pages 233-253.
    11. Stefan Krasa & Nicholas C. Yannelis, 2005. "The value allocation of an economy with differential information," Studies in Economic Theory, in: Dionysius Glycopantis & Nicholas C. Yannelis (ed.), Differential Information Economies, pages 507-526, Springer.
    12. Vohra, Rajiv, 1999. "Incomplete Information, Incentive Compatibility, and the Core," Journal of Economic Theory, Elsevier, vol. 86(1), pages 123-147, May.
    13. Gale, Douglas, 1978. "The core of a monetary economy without trust," Journal of Economic Theory, Elsevier, vol. 19(2), pages 456-491, December.
    14. Allen, Beth, 1983. "Neighboring information and distributions of agents' characteristics under uncertainty," Journal of Mathematical Economics, Elsevier, vol. 12(1), pages 63-101, September.
    15. Ichiishi,Tatsuro, 1993. "The Cooperative Nature of the Firm," Cambridge Books, Cambridge University Press, number 9780521414449.
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    Cited by:

    1. Chiara Donnini & Maria Graziano & Marialaura Pesce, 2014. "Coalitional fairness in interim differential information economies," Journal of Economics, Springer, vol. 111(1), pages 55-68, February.
    2. Ulrich Schwalbe, 2003. "The Core of a Production Economy with Asymmetric Information," Metroeconomica, Wiley Blackwell, vol. 54(4), pages 385-403, November.

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    More about this item

    Keywords

    exchange economy; asymmetric information; cooperative games; core; C71; D51;
    All these keywords.

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies

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