TY - JOUR
T1 - Existence and properties of a value allocation for an economy with differential information
AU - Krasa, Stefan
AU - Yannelis, Nicholas C.
N1 - Funding Information:
We wish to thank two anonymous refereesf or helpful comments.A s always we are responsible for any remaining errors. This research was supported by the Campus ResearchB oard of the University of Illinois.
PY - 1996
Y1 - 1996
N2 - We prove the existence of a private value allocation for an economy with differential information where the commodity space may be infinite dimensional, and there is a continuum of states. We also discuss the existence, non-existence, and properties of two alternative value allocation concepts.
AB - We prove the existence of a private value allocation for an economy with differential information where the commodity space may be infinite dimensional, and there is a continuum of states. We also discuss the existence, non-existence, and properties of two alternative value allocation concepts.
KW - Coarse and fine value allocation
KW - Differential information economies
KW - Private value allocation
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U2 - 10.1016/0304-4068(95)00724-5
DO - 10.1016/0304-4068(95)00724-5
M3 - Article
AN - SCOPUS:0030523335
SN - 0304-4068
VL - 25
SP - 165
EP - 179
JO - Journal of Mathematical Economics
JF - Journal of Mathematical Economics
IS - 2
ER -