Prudent expectations equilibrium in economies with uncertain delivery
From MaRDI portal
Publication:1006573
DOI10.1007/s00199-007-0316-6zbMath1156.91415OpenAlexW2134453457MaRDI QIDQ1006573
João Correia-da-Silva, Carlos Hervés-Beloso
Publication date: 25 March 2009
Published in: Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1007/s00199-007-0316-6
incomplete contractsgeneral equilibriumdifferential informationincomplete informationprivate informationRadner equilibriumuncertain deliverylists of bundlesKnightian uncertainty, amiguity
Related Items (25)
Uncertainty, efficiency and incentive compatibility: ambiguity solves the conflict between efficiency and incentive compatibility ⋮ A competitive equilibrium for a warm-glow economy ⋮ Information, Bertrand-Edgeworth competition and the law of one price ⋮ On the core and Walrasian expectations equilibrium in infinite dimensional commodity spaces ⋮ A new approach to the rational expectations equilibrium: existence, optimality and incentive compatibility ⋮ Strict fairness of equilibria in asymmetric information economies and mixed markets ⋮ The veto mechanism in atomic differential information economies ⋮ Equilibrium theory under ambiguity ⋮ Generic non-existence of general equilibrium with EUU preferences under extreme ambiguity ⋮ Equilibrium price formation in markets with differentially informed agents ⋮ General equilibrium in markets for lemons ⋮ Core and equilibria under ambiguity ⋮ Liquidity and asset prices in rational expectations equilibrium with ambiguous information ⋮ Irrelevance of private information in two-period economies with more goods than states of nature ⋮ Information and size of coalitions ⋮ The price of risk and ambiguity in an intertemporal general equilibrium model of asset prices ⋮ Endogenous differential information ⋮ General equilibrium in economies with uncertain delivery ⋮ Equilibrium theory with asymmetric information and infinitely many states ⋮ An asymptotic analysis of strategic behavior for exchange economies ⋮ Multiple markets: new perspective on nonlinear pricing ⋮ Ambiguity and price competition ⋮ Aggregate preferred correspondence and the existence of a maximin REE ⋮ Value allocation under ambiguity ⋮ Two-period economies with price-contingent deliveries
Cites Work
- Unnamed Item
- On the nonexistence of equlibrium with differential information
- Subjective expectations equilibrium in economies with uncertain delivery
- Equilibrium theory with asymmetric information and with infinitely many commodities
- Maxmin expected utility with non-unique prior
- The core of an economy with differential information
- Efficiency and incentive compatibility in differential information economies
- On extensive form implementation of contracts in differential information economies
- Incentives and the core of an exchange economy: a survey.
- Asset market equilibrium with short-selling and differential information
- Risk, Ambiguity, and the Savage Axioms
- Pareto Optima and Competitive Equilibria with Adverse Selection and Moral Hazard
- General Competitive Analysis in an Economy with Private Information
- Efficient and Durable Decision Rules with Incomplete Information
- Rational Expectations Equilibrium: Generic Existence and the Information Revealed by Prices
- Competitive Equilibrium Under Uncertainty
- Games with Incomplete Information Played by “Bayesian” Players, I–III Part I. The Basic Model
- Upper Hemi-Continuity of the Equilibrium-Set Correspondence for Pure Exchange Economies
- Existence of an Equilibrium for a Competitive Economy
This page was built for publication: Prudent expectations equilibrium in economies with uncertain delivery