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Optimism and experts against adverse selection in a competitive economy

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Publication:1242789
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DOI10.1016/0022-0531(75)90002-2zbMath0368.90018OpenAlexW2063158989MaRDI QIDQ1242789

Jean-Jacques Laffont

Publication date: 1975

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(75)90002-2



Mathematics Subject Classification ID

Trade models (91B60)


Related Items

Efficiency and adverse selection ⋮ Experts against adverse selection: A note on the existence of equilibrium with costly appropriable information



Cites Work

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  • Competitive inefficiencies in the presence of constrained transactions
  • Optimal Production and Allocation Under Uncertainty
  • Temporary General Equilibrium in a Sequential Trading Model with Spot and Futures Transactions
  • Quasi-Equilibria in Markets with Non-Convex Preferences
  • Markets for an Exchange Economy with Individual Risks
  • Existence of an Equilibrium for a Competitive Economy
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