On the core of an economy with differential information

Ezra Einy and Benyamin Shitovitz
Authors registered in the RePEc Author Service: Diego Moreno ()

UC3M Working papers. Economics from Universidad Carlos III de Madrid. Departamento de Economía

Abstract: We show that the (interim) fine core of an atomless exchange economy with differential information is a subset of the ex-post core of the economy. Moreover, the interim fine core may be empty, and therefore it may be a proper subset of the ex-post core. The inclusion relation does not hold for economies with a finite number of traders.

Keywords: Atomless; exchange; economies; Differential; information; Fine; core; Ex-poxt; core (search for similar items in EconPapers)
Date: 1998-12
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Citations: View citations in EconPapers (1)

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Journal Article: On the Core of an Economy with Differential Information (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:cte:werepe:6097

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