Browsing by Subject "Differential information"
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(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 ...
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(Springer, 2020)We address economies with asymmetric information where agents are not perfectly aware of the informational structure for coalitions. Thus, when joining a coalition, each consumer considers the informational risk and may ...