Add to ORKGIn this paper we compare rational expectations equilibria with different degrees of information revelation through prices. These equilibria arise in a two-period exchange economy with finitely many states and signals, multiple commodities and incomplete f
We characterize the divergence between informational and economic efficiency in a rational expectati...
We characterize the divergence between informational and economic efficiency in a rational expectati...
This paper demonstrates the existence and robustness of partially revealing rational expectations eq...
GSIA Working Paper, n° #1997-E31In this paper we compare rational expectations equilibria with diffe...
We compare rational expectations equilibria with different degrees of information revelation through...
In this paper we provide a characterization of the welfare properties of rational expectations equil...
We consider an incomplete financial market exchange economy with nominal assets and a finite number ...
Cahier de Recherche du Groupe HEC Paris, n° 681We consider an incomplete financial market exchange e...
International audienceWe deal with the problem of providing incentives for the implementation of con...
The paper demonstrates the generic existence of general equilibria in incomplete markets with asymme...
This paper demonstrates the generic existence of general equilibria in incomplete markets. Our econo...
We study the value of information in a competitive economy in which agents trade in asset markets to...
Abstract: In [Grossman and Stiglitz, 1980], it is argued that in a rational expectations setting the...
In a pure exchange economy with differential information, there may be ex-post Pareto-dominant core ...
This thesis examines conditions under which prices signal information about agents' preferences, end...
We characterize the divergence between informational and economic efficiency in a rational expectati...
We characterize the divergence between informational and economic efficiency in a rational expectati...
This paper demonstrates the existence and robustness of partially revealing rational expectations eq...
GSIA Working Paper, n° #1997-E31In this paper we compare rational expectations equilibria with diffe...
We compare rational expectations equilibria with different degrees of information revelation through...
In this paper we provide a characterization of the welfare properties of rational expectations equil...
We consider an incomplete financial market exchange economy with nominal assets and a finite number ...
Cahier de Recherche du Groupe HEC Paris, n° 681We consider an incomplete financial market exchange e...
International audienceWe deal with the problem of providing incentives for the implementation of con...
The paper demonstrates the generic existence of general equilibria in incomplete markets with asymme...
This paper demonstrates the generic existence of general equilibria in incomplete markets. Our econo...
We study the value of information in a competitive economy in which agents trade in asset markets to...
Abstract: In [Grossman and Stiglitz, 1980], it is argued that in a rational expectations setting the...
In a pure exchange economy with differential information, there may be ex-post Pareto-dominant core ...
This thesis examines conditions under which prices signal information about agents' preferences, end...
We characterize the divergence between informational and economic efficiency in a rational expectati...
We characterize the divergence between informational and economic efficiency in a rational expectati...
This paper demonstrates the existence and robustness of partially revealing rational expectations eq...