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Equilibrium theory with asymmetric information and infinitely many states

Carlos Hervés-Beloso, V. Filipe Martins-da-Rocha and Paulo Monteiro

No 673, FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) from EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil)

Abstract: Radner (1968) proved the existence of a competitive equilibrium for differential information economies with finitely many states. We extend this result to economies with infinitely many states of nature.

Date: 2008-02-28
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Journal Article: Equilibrium theory with asymmetric information and infinitely many states (2009) Downloads
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