Conditional exact law of large numbers and asymmetric information economies with aggregate uncertainty

DOI10.1007/s00199-014-0855-6zbMath1367.91103arXiv1410.1147OpenAlexW2592428557WikidataQ114231193 ScholiaQ114231193MaRDI QIDQ324340

Mohammad Hasan, M. Dambrine

Publication date: 11 October 2016

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/1410.1147

zbMATH Keywords

asymmetric informationconditional independenceFubini extensionincentive compatibilityconditional exact law of large numbersex ante efficiency

Mathematics Subject Classification ID

Stochastic models in economics (91B70) Strong limit theorems (60F15) Economics of information (91B44)

Related Items (5)

Efficient allocations in economies with asymmetric information when the realized frequency of types is common knowledge ⋮ Liquidity Based Modeling of Asset Price Bubbles via Random Matching ⋮ A Mean Field Game of Optimal Stopping ⋮ The one-way Fubini property and conditional independence: an equivalence result ⋮ Conditional expectation of correspondences and economic applications

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