On the core of an economy with differential information
type: Item
instance of: scholarly article
title: On the core of an economy with differential information
zbMATH Open document ID: 1013.91078
author: Ezra Einy
author: Diego Moreno
author: Benyamin Shitovitz
published in: Journal of Economic Theory
publication date: 2003-07-13T00:00:00Z
full work available at URL: http://hdl.handle.net/10016/4394
review text: This research paper, devoted to the study of the core of an economy with differential information, contains the inclusion of the fine core of an atomless exchange economy with the above specified quality in the ex-post core of the economy, which implies that any fine core allocation is a possible selection from the equilibrium correspondance of the associated family for the full information economics. Under appropriate conditions, every fine core allocation is a rational expectation equilibrium allocation. It would be interesting and important to have numerical applications for these results.
Mathematics Subject Classification ID: 91B60
zbMATH DE Number: 1569411
zbMATH Keywords: rational equilibrium
zbMATH Keywords: economy with differential information
zbMATH Keywords: fine core
zbMATH Keywords: atomless exchange economy
reviewed by: Vasile Postolică
MaRDI profile type: Publication
OpenAlex ID: W2010443788
cites work: Generic Existence of Completely Revealing Equilibria for Economies with Uncertainty when Prices Convey Information
cites work: Markets with a Continuum of Traders
cites work: Competitive and core allocations in large economies with differential information
cites work: Rational expectations equilibria and the ex-post core of an economy with asymmetric information.
cites work: Incentive compatibility and information superiority of the core of an economy with differential information
cites work: Incomplete information, incentive compatibility, and the core
cites work: Communication, credible improvements and the core of an economy with asymmetric information
cites work: Information, Efficiency, and the Core of an Economy
cites work: The core of an economy with differential information
DOI: 10.1006/JETH.2000.2673
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description: scientific article; zbMATH DE number 1569411