Advanced Search
MyIDEAS: Login

On the core of an economy with differential information

Contents:

Author Info

  • Einy, Ezra
  • Moreno, Diego
  • Shitovitz, Benyamin

Abstract

We show that the (interim) fine core of an atomless exchange economy with differential information is a subset of the ex-post core of the economy. Moreover, the interim fine core may be empty, and therefore it may be a proper subset of the ex-post core. The inclusion relation does not hold for economies with a finite number of traders.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://e-archivo.uc3m.es/bitstream/10016/6097/1/we989427.PDF
Download Restriction: no

Bibliographic Info

Paper provided by Universidad Carlos III de Madrid in its series Open Access publications from Universidad Carlos III de Madrid with number info:hdl:10016/6097.

as in new window
Length:
Date of creation:
Date of revision:
Handle: RePEc:ner:carlos:info:hdl:10016/6097

Contact details of provider:
Web page: http://www.uc3m.es

Related research

Keywords: Atomless exchange economies; Differential information; Fine core; Ex-poxt core;

Other versions of this item:

References

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.:
as in new window
  1. Rajiv Vohra, 1997. "Incomplete Information, Incentive Compatibility and the Core," Working Papers 97-11, Brown University, Department of Economics.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Einy, Ezra & Moreno, Diego & Shitovitz, Benyamin, . "Rational expectations equilibria and the ex-post core of an economy with asymmetric information," Open Access publications from Universidad Carlos III de Madrid info:hdl:10016/4222, Universidad Carlos III de Madrid.
  2. Yusuke Kamishiro & Roberto Serrano, 2009. "Equilibrium blocking in large quasilinear economies," Working Papers 2009-12, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales.
  3. Flåm, Sjur Didrik, 2011. "Pooling, Pricing and Trading of Risks," Working Papers in Economics 09/06, University of Bergen, Department of Economics.
  4. Yeneng Sun & Lei Wu & Nicholas C. Yannelis, 2011. "Existence, Incentive Compatibility and Efficiency of the Rational Expectations Equilibrium," The School of Economics Discussion Paper Series 1108, Economics, The University of Manchester.
  5. Bhaskar Dutta & Rajiv Vohra, 2001. "Incomplete Information, Credibility and the Core," Working Papers 2001-02, Brown University, Department of Economics.
  6. Françoise Forges & Roberto Serrano, 2011. "Cooperative games with incomplete information: Some open problems," Working Papers 2011-14, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales.
  7. Bhowmik, Anuj & Cao, Jiling, 2011. "On the core and Walrasian expectations equilibrium in infinite dimensional commodity spaces," MPRA Paper 35060, University Library of Munich, Germany, revised 28 Nov 2011.
  8. Bhowmik, Anuj & Cao, Jiling, 2011. "Infinite dimensional mixed economies with asymmetric information," MPRA Paper 35618, University Library of Munich, Germany.
  9. 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.
  10. Sun, Yeneng & Yannelis, Nicholas C., 2007. "Core, equilibria and incentives in large asymmetric information economies," Games and Economic Behavior, Elsevier, vol. 61(1), pages 131-155, October.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ner:carlos:info:hdl:10016/6097

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Contact person).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.