Incentives and the core of an exchange economy: a survey
نویسندگان
چکیده
This paper provides a general overview of the literature on the core of an exchange economy with asymmetric information. Incentive compatibility is emphasized in studying core concepts at the ex ante and interim stage. The analysis includes issues of non-emptiness of the core as well as core convergence to price equilibrium allocations. © 2002 Elsevier Science B.V. All rights reserved. JEL classification: C71; D82; D51
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