On the core of an economy with differential information

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dc.contributor.author Moreno, Diego
dc.contributor.author Einy, Ezra
dc.contributor.author Shitovitz, Benyamin
dc.date.accessioned 2009-06-12T09:50:51Z
dc.date.available 2009-06-12T09:50:51Z
dc.date.issued 2000
dc.identifier.bibliographicCitation Journal of Economic Theory. 2000, vol. 94, nº 2, p. 262-270
dc.identifier.issn 0022-0531
dc.identifier.uri http://hdl.handle.net/10016/4394
dc.description.abstract We show that the fine core of an atomless exchange economy with differential information is a subset of the ex-post core of the economy. (This inclusion may be proper, and it does not hold for economies with a finite number of traders.) Consequently, every fine core allocation is a selection from the equilibrium corre- spondence of the associated family of full information economies. Moreover, when each trader knows his or her own utility function and his of her own endowment, every fine core allocation is a rational expectations equilibrium allocation
dc.format.mimetype application/pdf
dc.language.iso eng
dc.publisher Elsevier
dc.rights ©Elsevier
dc.subject.other Differential information
dc.subject.other fine core
dc.subject.other ex-post core
dc.subject.other rational expectations equilibrium
dc.title On the core of an economy with differential information
dc.type article
dc.type.review PeerReviewed
dc.description.status Publicado
dc.relation.publisherversion http://dx.doi.org/10.1006/jeth.2000.2673 
dc.subject.eciencia Economía
dc.identifier.doi 10.1006/jeth.2000.2673
dc.rights.accessRights openAccess
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