The Core of Economies with Asymmetric Information
The book studies the core of exchange and production economies in which agents are asymmetrically informed about states of nature. Information is modelled as part of the commodity space. When an agent joins a coalition, his information may change according to an information rule. It is shown that for exchange as well as for production economies - given that the production ...more
Paperback, 150 pages
Published
September 28th 1999
by Springer
(first published 1999)
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