Autore
Meo, Claudia

Titolo
The Existence of Private Core Allocations for Large Economies with Asymmetric Information
Periodico
Università degli Studi del Piemonte Orientale 'A. Avogadro' : Facoltà di Economia - Dipartimento di Scienze Economiche e Metodi Quantitativi "SEMEQ" - Quaderni
Anno: 2008 - Fascicolo: 15 - Pagina iniziale: 1 - Pagina finale: 21

A proof of the existence of private core allocations is provided for an exchange economy " in which consumers and commodities are both infinite in number, supposing however that only finitely many types can be distinguished among traders. It is obtained passing through a suitably associated discrete setting where a preliminary result— which is interesting in itself—is proved: in every generalized replica of an economy E with asymmetric information and a finite number of traders there is a private core allocation which treats agents of the same type equally.



Testo completo: http://semeq.unipmn.it/files/0815%20-%20Quaderno%20-%20Meo%20.pdf

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