Fine value allocations in large exchange economies 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 set of fine value allocations of a pure exchange economy with a continuum of traders and differential information coincides with the set of competitive allocations of an associated symmetric information economy in which each trader has the "joint infomation" of all the traders in the original economy.

Keywords: Atomless; exchange; economies; Differential; information; Fine; value (search for similar items in EconPapers)
Date: 1999-02
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:cte:werepe:6128

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