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The Core of Economies with Asymmetric Information: An Axiomatic Approach Author info | Abstract | Publisher info | Download info | Related research | Statistics Volij, Oscar
Lee, Darin
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We propose two generalizations of the Davis and Maschler (1965) reduced game property to economies with asymmetric information and apply them in the characterization of two solution concepts. One is Wilson's (1978) Coarse Core and the other is a subsolution of it which we call the Coarse+ Core.
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Paper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number
5193.
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Date of creation: 01 Mar 2002Date of revision:
Publication status: Published in Journal of Mathematical Economics, 2000, Vol. 38, pp. 43-63.Handle: RePEc:isu:genres:5193Contact details of provider: Postal: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070 Phone: +1 515.294.6741 Fax: +1 515.294.0221 Email: Web page: http://www.econ.iastate.edu More information through EDIRC
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Guangsug Hahn & Nicholas C. Yannelis, 1997.
"Efficiency and incentive compatibility in differential information economies ,"
Economic Theory ,
Springer, vol. 10(3), pages 383-411.
[Downloadable!] (restricted)
Nalebuff, Barry, 1989.
"The Other Person's Envelope Is Always Greener ,"
Journal of Economic Perspectives ,
American Economic Association, vol. 3(1), pages 171-81, Winter.
[Downloadable!] (restricted)
Serrano, Roberto & Volij, Oscar, 1998.
"Axiomatizations of neoclassical concepts for economies ,"
Journal of Mathematical Economics ,
Elsevier, vol. 30(1), pages 87-108, August.
[Downloadable!] (restricted)
Other versions: Yannelis, Nicholas C, 1991.
"The Core of an Economy with Differential Information ,"
Economic Theory ,
Springer, vol. 1(2), pages 183-97, April.
Thomson, W., 1996.
"Consistent Allocation Rules ,"
RCER Working Papers
418, University of Rochester - Center for Economic Research (RCER).
Geanakoplos, John, 1992.
"Common Knowledge ,"
Journal of Economic Perspectives ,
American Economic Association, vol. 6(4), pages 53-82, Fall.
[Downloadable!] (restricted)
Koutsougeras, Leonidas C & Yannelis, Nicholas C, 1993.
"Incentive Compatibility and Information Superiority of the Core of an Economy with Differential Information ,"
Economic Theory ,
Springer, vol. 3(2), pages 195-216, April.
Rajiv Vohra, 1997.
"Incomplete Information, Incentive Compatibility and the Core ,"
Working Papers
97-11, Brown University, Department of Economics.
Other versions: Peleg, Bezalel, 1985.
"An axiomatization of the core of cooperative games without side payments ,"
Journal of Mathematical Economics ,
Elsevier, vol. 14(2), pages 203-214, April.
[Downloadable!] (restricted)
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Rajiv Vohra & Bhaskar Dutta, 2003.
"Incomplete Information, Credibility and the Core ,"
Working Papers
2003-21, Brown University, Department of Economics.
[Downloadable!]
Other versions:
Bhaskar Dutta & Rajiv Vohra, 2001.
"Incomplete Information, Credibility and the Core ,"
Working Papers
2001-02, Brown University, Department of Economics.
[Downloadable!] Dutta, Bhaskar & Vohra, Rajiv, 2005.
"Incomplete information, credibility and the core ,"
Mathematical Social Sciences ,
Elsevier, vol. 50(2), pages 148-165, September.
[Downloadable!] (restricted) Roberto Serrano & Rajiv Vohra, 2005.
"Information Transmission In Coalitional Voting Games ,"
Economics Working Papers
we055726, Universidad Carlos III, Departamento de Economía.
[Downloadable!]
Other versions:
Roberto Serrano & Rajiv Vohra, 2005.
"Information Transmission in Coalitional Voting Games ,"
Economics Working Papers
0050, Institute for Advanced Study, School of Social Science.
[Downloadable!] Rajiv Vohra & Roberto Serrano, 2004.
"Information Transmission in Coalitional Voting Games ,"
Econometric Society 2004 North American Summer Meetings
519, Econometric Society.
Roberto Serrano & Rajiv Vohra, 2005.
"Information Transmission in Coalitional Voting Games ,"
Working Papers
2005-01, Brown University, Department of Economics.
[Downloadable!] Serrano, Roberto & Vohra, Rajiv, 2007.
"Information transmission in coalitional voting games ,"
Journal of Economic Theory ,
Elsevier, vol. 134(1), pages 117-137, May.
[Downloadable!] (restricted) Francoise Forges & Jean-Francois Mertens & Rajiv Vohra, 2001.
"The Ex Ante Incentive Compatible Core in the absence of wealth effects ,"
Working Papers
2001-01, Brown University, Department of Economics.
[Downloadable!]
Other versions:
FORGES, Franoise & MERTENS, Jean-Franois & VOHRA, Rajiv, 2001.
"The ex ante incentive compatible core in the absence of wealth effects ,"
CORE Discussion Papers
2001001, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
[Downloadable!] Francoise Forges & Jean-Francois Mertens & Rajiv Vohra, 2002.
"The Ex Ante Incentive Compatible Core in the Absence of Wealth Effects ,"
Econometrica ,
Econometric Society, vol. 70(5), pages 1865-1892, September.
[Downloadable!] (restricted) Francoise Forges & Enrico Minelli & Rajiv Vohra, 2000.
"Incentives and the Core of an Exchange Economy: A Survey ,"
Working Papers
2000-22, Brown University, Department of Economics.
[Downloadable!]
Other versions:
FORGES, Franoise & MINELLI, Enrico & VOHRA, Rajiv, 2001.
"Incentives and the core of an exchange economy: a survey ,"
CORE Discussion Papers
2001043, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
[Downloadable!] Forges, Francoise & Minelli, Enrico & Vohra, Rajiv, 2002.
"Incentives and the core of an exchange economy: a survey ,"
Journal of Mathematical Economics ,
Elsevier, vol. 38(1-2), pages 1-41, September.
[Downloadable!] (restricted) S. D. Flåm. & L. Koutsougeras, 2007.
"Private information, transferable utility,and the core ,"
The School of Economics Discussion Paper Series
0703, Economics, The University of Manchester.
[Downloadable!]
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