A market game approach to differential information economies
- Fugarolas Álvarez-Ude, Guadalupe
- Hervés Beloso, Carlos
- Moreno García, Emma
- Torres-Martínez, Juan Pablo
Revista:
Working paper series ( RGEA )
Ano de publicación: 2006
Número: 5
Tipo: Documento de traballo
Resumo
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.