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The Core of an Economy with Differential Information

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  • Yannelis, Nicholas C

Abstract

We introduce a new core concept for an exchange economy with differential information which is contained in the coarse core concept of Wilson (1978). We prove the existence of: (1) a core allocation for an exchange economy with differential information and; (2) an [alpha]-core strategy for a game in normal form with differential information.

Suggested Citation

  • 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.
  • Handle: RePEc:spr:joecth:v:1:y:1991:i:2:p:183-97
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    References listed on IDEAS

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