The bargaining set of a large economy with differential information
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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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- Coincidence of the Mas-Colell bargaining set and the set of competitive equilibria in a continuum coalition production economy
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