On the Core of an Economy with Differential Information

نویسندگان

  • Ezra Einy
  • Diego Moreno
  • Benyamin Shitovitz
چکیده

-----------------------------We show that the (interim) fine core of an atomless exchange economy with differential information is a subset of the ex-post core of the economy. Moreover, the interim fine core may be empty, and therefore it may be a proper subset of the ex-post core. The inclusion relation does not hold for economies with a finite number of traders.

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عنوان ژورنال:
  • J. Economic Theory

دوره 94  شماره 

صفحات  -

تاریخ انتشار 2000