Speculative trade under unawareness: the infinite case

Martin Meier and Burkhard Schipper
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Martin Meier: Institut für Höhere Studien (IHS)

Economic Theory Bulletin, 2014, vol. 2, issue 2, No 3, 147-160

Abstract: Abstract We prove a “no-speculative-trade” theorem under unawareness for the infinite case. This generalizes the result for the finite case by Heifetz et al. (Games Econ Behav 77:100–121, 2013).

Keywords: Awareness; Unawareness; Speculation; Trade; Agreement; Common prior; Common certainty (search for similar items in EconPapers)
JEL-codes: C70 C72 D53 D80 D82 D84 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (2)

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Working Paper: Speculative Trade under Unawareness: The Infinite Case (2013)
Working Paper: Speculative Trade under Unawareness: The Infinite Case (2010)
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DOI: 10.1007/s40505-014-0040-x

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