Mathematics – Functional Analysis
Scientific paper
2011-12-28
Mathematics
Functional Analysis
23 pages
Scientific paper
In this paper, we study asymmetric information economies consisting of both non-negligible and negligible agents and having ordered Banach spaces as their commodity spaces. In answering a question of Herv\'{e}s-Beloso and Moreno-Garc\'{i}a, we establish a characterization of Walrasian expectations allocations by the veto power of the grand coalition. It is also shown that when an economy contains only negligible agents a Vind's type theorem on the private core with the exact feasibility can be restored. This solves a problem of Pesce.
Bhowmik Anuj
Cao Jiling
No associations
LandOfFree
Infinite dimensional mixed economies with asymmetric information does not yet have a rating. At this time, there are no reviews or comments for this scientific paper.
If you have personal experience with Infinite dimensional mixed economies with asymmetric information, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Infinite dimensional mixed economies with asymmetric information will most certainly appreciate the feedback.
Profile ID: LFWR-SCP-O-32069