Subjective expectations equilibrium in economies with uncertain delivery

Joao Correia-da-Silva () and Carlos Hervés-Beloso ()

Journal of Mathematical Economics, 2008, vol. 44, issue 7-8, pages 641-650

Abstract: We develop a model of general equilibrium with trade ex ante in a context of private and incomplete state verification. Instead of choosing bundles, agents choose lists of bundles out of which the market then selects one bundle for delivery. With agents having subjective expectations about the bundle that will be delivered, we study existence of a subjective expectations equilibrium.

Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (6) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/B6VBY ... 2e7f825a7754f31dfece
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Subjective Expectations Equilibrium in Economies with Uncertain Delivery (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:eee:mateco:v:44:y:2008:i:7-8:p:641-650

Access Statistics for this article

Journal of Mathematical Economics is edited by F. Kübler

More articles in Journal of Mathematical Economics from Elsevier
Series data maintained by Wendy Shamier ().