Studies in Economic Theory

Differential Information Economies

Editors: Glycopantis, D., Yannelis, Nicholas C. (Eds.)

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About this book

One of the main problems in current economic theory is to write contracts which are Pareto optimal, incentive compatible, and also implementable as a perfect Bayesian equilibrium of a dynamic, noncooperative game. The question arises whether it is possible to provide Walrasian type or cooperative equilibrium concepts which have these properties. This volume contains original contributions on noncooperative and cooperative equilibrium notions in economies with differential information and provides answers to the above questions. Moreover, issues of stability, learning and continuity of alternative equilibria are also examined. 

Table of contents (32 chapters)

  • Equilibrium concepts in differential information economies

    Glycopantis, Dionysius (et al.)

    Pages 1-53

  • Information, efficiency, and the core of an economy

    Wilson, Robert

    Pages 55-64

  • Information, efficiency and the core of an economy: Comments on Wilson’s paper

    Glycopantis, Dionysius (et al.)

    Pages 65-71

  • The core of an economy with differential information

    Yannelis, Nicholas C.

    Pages 73-86

  • An alternative proof of the nonemptiness of the private core

    Lefebvre, Isabelle

    Pages 87-103

Buy this book

eBook $219.00
price for USA in USD (gross)
  • ISBN 978-3-540-26979-3
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $279.99
price for USA in USD
  • ISBN 978-3-540-21424-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $279.99
price for USA in USD
  • ISBN 978-3-642-05977-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Differential Information Economies
Editors
  • D. Glycopantis
  • Nicholas C. Yannelis
Series Title
Studies in Economic Theory
Series Volume
19
Copyright
2005
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-540-26979-3
DOI
10.1007/b138401
Hardcover ISBN
978-3-540-21424-3
Softcover ISBN
978-3-642-05977-3
Series ISSN
1431-8849
Edition Number
1
Number of Pages
XIV, 650
Topics