A market game approach to differential information economies

  1. Fugarolas Álvarez-Ude, Guadalupe
  2. Hervés Beloso, Carlos
  3. Moreno García, Emma
  4. Torres-Martínez, Juan Pablo
Revista:
Working paper series ( RGEA )

Any de publicació: 2006

Número: 5

Tipus: Document de treball

Resum

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.