The bargaining set of a large economy with differential information (Q5953041)
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scientific article; zbMATH DE number 1690827
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| English | The bargaining set of a large economy with differential information |
scientific article; zbMATH DE number 1690827 |
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The bargaining set of a large economy with differential information (English)
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14 January 2002
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A Radner-type exchange economy with a continuum of traders is considered. The main result establishes that the private bargaining set coincides with the set of Radner competitive allocations. The authors also introduce the concept of a weak fine bargaining set and discuss the relationship with the set of competitive allocations of the associated symmetric information economy.
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Radner equilibrium
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bargaining set
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core
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0.8696158
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0.86433864
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0.8604561
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0.85912085
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