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The bargaining set of a large economy with differential information

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dc.affiliation.dptoUC3M. Departamento de Economíaes
dc.contributor.authorEiny, Ezra
dc.contributor.authorMoreno, Diego
dc.contributor.authorShitovitz, Benyamin
dc.contributor.editorUniversidad Carlos III de Madrid. Departamento de Economía
dc.date.accessioned2009-12-16T12:02:40Z
dc.date.available2009-12-16T12:02:40Z
dc.date.issued1999-02
dc.description.abstractWe study the Mas-Collel bargaining set of an exchange economy with differential information and a continuum of traders. We established the equivalence of the private bargaining set and the set of Radner competitive equilibrium allocations. As for the weak fine bargaining set, we show that it contains the set of competitive equilibrium allocations of an associated symmetric information economy in which each trader has the "joint information» of all the traders in the original economy, but unlike the weak fine core and the set of fine value allocations, it may also contain allocations which are not competitive in the associated economy.
dc.description.sponsorshipEiny acknowledges the flnancial support of the Universidad Carlos III de Madrid. Moreno acknowledges the support of the Spanish Ministry of Education (DGICYT), grant PB97-0091. Shitovitz acknowledges the support of the Spanish Ministry of Education, grant SAB98-0059.en
dc.format.mimetypeapplication/pdf
dc.identifier.issn2340-5031
dc.identifier.urihttps://hdl.handle.net/10016/6120
dc.language.isoeng
dc.relation.ispartofseriesUC3M Working papers. Economics
dc.relation.ispartofseries99-11-06
dc.rightsAtribución-NoComercial-SinDerivadas 3.0 España
dc.rights.accessRightsopen access
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.ecienciaEconomía
dc.subject.otherAtomless exchange economies
dc.subject.otherDifferential information
dc.subject.otherBargaining set
dc.titleThe bargaining set of a large economy with differential information
dc.typeworking paper*
dc.type.hasVersionAO*
dspace.entity.typePublication
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