Endogenous differential information
| Author | dc.contributor.author | Cea Echenique, Sebastián | |
| Author | dc.contributor.author | Hervés Beloso, Carlos | |
| Author | dc.contributor.author | Torres Martínez, Juan Pablo | |
| Admission date | dc.date.accessioned | 2019-05-29T13:29:53Z | |
| Available date | dc.date.available | 2019-05-29T13:29:53Z | |
| Publication date | dc.date.issued | 2017 | |
| Cita de ítem | dc.identifier.citation | Economic Theory, Volumen 63, Issue 1, 2017, Pages 51-72 | |
| Identifier | dc.identifier.issn | 14320479 | |
| Identifier | dc.identifier.issn | 09382259 | |
| Identifier | dc.identifier.other | 10.1007/s00199-015-0924-5 | |
| Identifier | dc.identifier.uri | https://repositorio.uchile.cl/handle/2250/168872 | |
| Abstract | dc.description.abstract | We include endogenous differential information in a model with sequential trade and incomplete financial participation. Agents update information through market signals given by commodity prices and asset deliveries. Information acts over admissible strategies and consumption tastes, allowing discontinuities in preferences and choice sets. Therefore, equilibrium may cease to exist. However, internalizing the compatibility between information and consumption through preferences, and without requiring either financial survival assumptions or fully revealing prices, equilibrium existence can be ensured. | |
| Lenguage | dc.language.iso | en | |
| Publisher | dc.publisher | Springer | |
| Type of license | dc.rights | Attribution-NonCommercial-NoDerivs 3.0 Chile | |
| Link to License | dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ | |
| Source | dc.source | Economic Theory | |
| Keywords | dc.subject | Endogenous differential information | |
| Keywords | dc.subject | Incomplete markets | |
| Keywords | dc.subject | Rational expectations equilibrium | |
| Keywords | dc.subject | Restricted participation | |
| Título | dc.title | Endogenous differential information | |
| Document type | dc.type | Artículo de revista | |
| Cataloguer | uchile.catalogador | laj | |
| Indexation | uchile.index | Artículo de publicación SCOPUS | |
| uchile.cosecha | uchile.cosecha | SI |
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Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivs 3.0 Chile