The Core of an Economy with Differential Information

Nicholas C. Yannelis

doi:10.1007/BF01211533

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The Core of an Economy with Differential Information

Journal article

Peer reviewed

The Core of an Economy with Differential Information

Nicholas C. Yannelis

Economic theory, Vol.1(2), pp.183-197

06/1991

DOI: 10.1007/BF01211533

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Abstract

We introduce a new core concept for an exchange economy with differential information which is contained in the coarse core concept of Wilson (1978). We prove the existence of: (i) a core allocation for an exchange economy with differential information and; (ii) an α-core strategy for a game in normal form with differential information.

Banach space

Classical economics

Economic agents

Economic theory

Endowments

Information economy

Mathematical functions

Mathematical vectors

State of nature

Urban economics

Details

Title: Subtitle: The Core of an Economy with Differential Information
Creators: Nicholas C. Yannelis - University of Illinois Urbana-Champaign
Resource Type: Journal article
Publication Details: Economic theory, Vol.1(2), pp.183-197
Publisher: Springer-Verlag
DOI: 10.1007/BF01211533
ISSN: 0938-2259
eISSN: 1432-0479
Language: English
Date published: 06/1991
Academic Unit: Economics
Record Identifier: 9984380556902771

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