Browsing by Subject "Differential information"
Now showing items 1-4 of 4
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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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(Universidad de Chile, Facultad de Economía y Negocios, 2010)We develop a two period general equilibrium model with incomplete financial markets and differential information. Making endogenous the traditional informational restriction on consumption, we allow agents to obtain ...
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(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 ...
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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 ...
