Add to ORKGAbstract. In economies with uncertain delivery, objects of choice are lists of bundles instead of bundles. Agents trade their endowments for lists, and it is the market that selects one of the bundles in the list for actual delivery. Knowledge of the selection mechanism allows agents to predict the bundle that is to be selected in each state of nature. A small but informed agent is introduced in the economy in order to guarantee existence of a rational expectations equilibrium
This paper explores the extent to which the lack of rationality of economic agents has affected the ...
In this thesis, a rational expectations equilibrium model of the business cycle in a small, open, sp...
The paper derives conditions for eductive stability of rational expectations equilibria in simple li...
In economies with uncertain delivery, agents trade their endowments for lists instead of bundles. A ...
In economies with uncertain delivery, agents trade their endowments for lists instead of bundles. A ...
We develop a model of general equilibrium with trade ex ante in a context of private and incomplete ...
In an economy with private information, we introduce the notion of objects of choice as lists of bun...
Abstract. We consider a general equilibrium model of trade ex ante with differential information in ...
URL des Documents de travail : https://centredeconomiesorbonne.univ-paris1.fr/documents-de-travail-d...
We prove the existence of general economic equilibrium under uncertainty when agents form econometri...
Abstract. In apure exchange economy under uncertainty the traders are willing to trade of the amount...
This thesis examines conditions under which prices signal information about agents' preferences, end...
Rational expectations equilibrium seeks a proper treatment of behavior under private information by ...
In this paper we provide a characterization of the welfare properties of rational expectations equil...
April, 2002; Revised: November, 2003We consider a pure exchange economy under uncertainty in which t...
This paper explores the extent to which the lack of rationality of economic agents has affected the ...
In this thesis, a rational expectations equilibrium model of the business cycle in a small, open, sp...
The paper derives conditions for eductive stability of rational expectations equilibria in simple li...
In economies with uncertain delivery, agents trade their endowments for lists instead of bundles. A ...
In economies with uncertain delivery, agents trade their endowments for lists instead of bundles. A ...
We develop a model of general equilibrium with trade ex ante in a context of private and incomplete ...
In an economy with private information, we introduce the notion of objects of choice as lists of bun...
Abstract. We consider a general equilibrium model of trade ex ante with differential information in ...
URL des Documents de travail : https://centredeconomiesorbonne.univ-paris1.fr/documents-de-travail-d...
We prove the existence of general economic equilibrium under uncertainty when agents form econometri...
Abstract. In apure exchange economy under uncertainty the traders are willing to trade of the amount...
This thesis examines conditions under which prices signal information about agents' preferences, end...
Rational expectations equilibrium seeks a proper treatment of behavior under private information by ...
In this paper we provide a characterization of the welfare properties of rational expectations equil...
April, 2002; Revised: November, 2003We consider a pure exchange economy under uncertainty in which t...
This paper explores the extent to which the lack of rationality of economic agents has affected the ...
In this thesis, a rational expectations equilibrium model of the business cycle in a small, open, sp...
The paper derives conditions for eductive stability of rational expectations equilibria in simple li...