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dc.contributor.authorMonteiro, Paulo K.
dc.contributor.authorMartins-da-Rocha, Victor-Filipe
HAL ID: 10403
ORCID: 0000-0002-6244-2678
dc.contributor.authorHervés-Beloso, Carlos
dc.date.accessioned2009-10-27T14:33:47Z
dc.date.available2009-10-27T14:33:47Z
dc.date.issued2009
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/2346
dc.descriptionCe document a également été publié dans la série des Cahiers de la Chaire "Les Particuliers face au Risques", n° 2009/2
dc.language.isoenen
dc.subjectCompetitive Equilibriumen
dc.subjectPropernessen
dc.subjectAssymetric Informationen
dc.subjectContinuum of Statesen
dc.subject.ddc332en
dc.subject.classificationjelD51en
dc.subject.classificationjelD82en
dc.titleEquilibrium theory with asymmetric information and infinitely many statesen
dc.typeArticle accepté pour publication ou publié
dc.description.abstractenRadner (1968) proved existence of a competitive equilibrium for differential information economies with finitely many states. We extend this result to economies with infinitely many states of nature. Each agent observes a public and a private signal. The publicly observed signal may take infinitely many values but, in order to get existence, we assume that private signals only take finitely many values. Actually, there is no hope to get a general existence result since Podczeck, Tourky and Yannelis (2008) already proposed non-existence results.en
dc.relation.isversionofjnlnameEconomic Theory
dc.relation.isversionofjnlvol38
dc.relation.isversionofjnlissue2
dc.relation.isversionofjnldate2009-02
dc.relation.isversionofjnlpages295-320
dc.relation.isversionofdoihttp://dx.doi.org/10.1007/s00199-008-0359-3
dc.description.sponsorshipprivateouien
dc.relation.isversionofjnlpublisherSpringer
dc.subject.ddclabelEconomie financièreen


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