Commande optimale d'un modèle économétrique du Canada
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Core equivalence in economy under awareness
Takashi Matsuhisa (2006)
Banach Center Publications
The extended notion of pure exchange economy under uncertainty, called an economy with awareness structure, is presented, where each trader having strictly monotone preferences makes decision under his/her awareness and belief. We show an extension of the core equivalence theorem: The ex-post core coincides with the set of all generalized expectations equilibria in awareness for the economy.
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