A market game approach to differential information economies

• Autores: Guadalupe Fugarolas Álvarez-Ude, Carlos Hervés Beloso, Emma Moreno García, Juan Pablo Torres-Martínez
• Localización: Working paper series ( RGEA ), Nº. 5, 2006
• Idioma: español
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• Resumen

  • In this paper we recast a differential information economy as a strategic game in which all pure strategy equilibria are strong Nash equilibria and coincide with theWalrasian expectations equilibria of the underlying economy.