Blar i Bergen Open Research Archive på forfatter "Pronin, Kira"
-
Differential Information Economies and Incomplete Markets
Pronin, Kira (Master thesis, 2008-05-26)In a pure exchange economy with differential information, there may be ex-post Pareto-dominant core allocations which are not attainable as Rational Expectations Equilibria because of information verifiability issues. On ...