Now showing items 1-2 of 2

    • A market game approach to differential information economies 

      Fugarolas Alvarez-Ude, Guadalupe; Hervé Beloso, Carlos; Moreno García, Emma; Torres Martínez, Juan Pablo (Springer, 2009)
      In this paper we recast a differential information economy as a strategic game in which players propose net trades and prices. Pure strategy Nash equilibria are strong and determine both consumption plans and commodity ...
    • Information within coalitions: risk and ambiguity 

      Moreno García, Emma; Torres Martínez, Juan (Universidad de Chile, Facultad de Economía y Negocios, 2017)
      We address economies with asymmetric information where agents are not perfectly aware about the informational structure for coalitions. Thus, we introduce solutions that we refer to as risky core and ambiguous core. We ...