The bargaining set of a large economy with differential information

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dc.contributor.author Einy, Ezra
dc.contributor.author Moreno, Diego
dc.contributor.author Shitovitz, Benyamin
dc.date.accessioned 2009-05-14T14:55:05Z
dc.date.available 2009-05-14T14:55:05Z
dc.date.issued 2001-09
dc.identifier.bibliographicCitation Economic Theory. 2001, vol. 18, nº 2, p. 473-484
dc.identifier.issn 1432-0479 (Online)
dc.identifier.uri http://hdl.handle.net/10016/4224
dc.description.abstract We study the Mas-Colell 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.format.mimetype application/pdf
dc.language.iso eng
dc.publisher Springer
dc.rights © Springer
dc.subject.other General equilibrium in large exchange economies with differential information
dc.subject.other Weak fine bargaining set
dc.subject.other Core
dc.subject.other Value
dc.title The bargaining set of a large economy with differential information
dc.type article
dc.type.review PeerReviewed
dc.description.status Publicado
dc.relation.publisherversion http://dx.doi.org/10.1007/PL00004195
dc.subject.eciencia Economía
dc.identifier.doi 10.1007/PL00004195
dc.rights.accessRights openAccess
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