Environmental incentives facing private information
نویسندگان
چکیده
منابع مشابه
Equilibria and incentives in private information economies
This paper considers three solution concepts in a large private information economy, namely, Walrasian expectations equilibrium, private core, and insurance equilibrium. It shows that these three concepts coincide with each other when the agents are informationally negligible in such an economy. In contrast to the finite-agent setting, one can construct a large private information economy in wh...
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ژورنال
عنوان ژورنال: Environment and Development Economics
سال: 2021
ISSN: 1355-770X,1469-4395
DOI: 10.1017/s1355770x21000048