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The core of an economy with differential information

Nicholas C. Yannelis
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Nicholas C. Yannelis: University of Illinois

A chapter in Differential Information Economies, 2005, pp 73-86 from Springer

Abstract: Summary We introduce a new core concept for an exchange economy with differential information which is contained in the coarse core concept of Wilson (1978). We prove the existence of (i) a core allocation for an exchange economy with differential information and; (ii) an α-core strategy for a game in normal form with differential information.

Keywords: Banach Lattice; Exchange Economy; Initial Endowment; Order Interval; Core Allocation (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:spr:steccp:978-3-540-26979-3_4

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DOI: 10.1007/3-540-26979-7_4

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