A market game approach to differential information economies
- Fugarolas Álvarez-Ude, Guadalupe
- Hervés Beloso, Carlos
- Moreno García, Emma
- Torres-Martínez, Juan Pablo
Revue:
Working paper series ( RGEA )
Année de publication: 2006
Número: 5
Type: Working Paper
Résumé
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.