Existence and properties of a value allocation for an economy with differential information

被引:7
作者
Krasa, S [1 ]
Yannelis, NC [1 ]
机构
[1] UNIV ILLINOIS,DEPT ECON,CHAMPAIGN,IL 61820
关键词
private value allocation; differential information economies; coarse and fine value allocation;
D O I
10.1016/0304-4068(95)00724-5
中图分类号
F [经济];
学科分类号
02 ;
摘要
We prove the existence of a private value allocation for an economy with differential information where the commodity space may be infinite dimensional, and there is a continuum of states. We also discuss the existence, non-existence, and properties of two alternative value allocation concepts.
引用
收藏
页码:165 / 179
页数:15
相关论文
共 15 条
[1]  
Aliprantis C. D., 1985, POSITIVE OPERATORS
[2]  
ALLEN B, 1991, UNPUB MARKET GAMES A
[3]  
BALDER E, 1993, EC THEORY, V23, P625
[4]  
BEWLEY T, 1972, J ECON THEORY, V4, P541
[5]  
CARTWRIGHT, 1974, B AUSTR MATH SOC, V11, P57
[6]  
Diestel J., 1977, MATH SURVEYS, V15
[7]  
Emmons D.R., 1985, ADV EQUILIBRIUM THEO
[8]  
KRASA S, 1994, ECONOMETRICA, V62, P881, DOI 10.2307/2951736
[9]  
Myerson R. B., 1984, International Journal of Game Theory, V13, P69, DOI 10.1007/BF01769817
[10]   EXISTENCE AND INTERPRETATION OF VALUE ALLOCATION [J].
SHAFER, WJ .
ECONOMETRICA, 1980, 48 (02) :467-476