Efficient allocations in economies with asymmetric information when the realized frequency of types is common knowledge
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DOI: 10.1007/s00199-016-0993-0
Abstract: We consider a general economy, where agents have private information about their types. Types can be multidimensional and potentially interdependent. We show that, if the realized frequency of types (the exact number of agents for… read more here.
Keywords: realized frequency; common knowledge; information; frequency types ... See more keywords