On the core of an economy with differential information (Q1841182)
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English | On the core of an economy with differential information |
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On the core of an economy with differential information (English)
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13 July 2003
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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.
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rational equilibrium
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economy with differential information
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fine core
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atomless exchange economy
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