Skip to main content
  • 4344 Accesses

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 149.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 199.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 199.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

7. Selected References

  1. K. Arrow, “The Role of Securities in the Optimal Allocation of Risk Bearing,” Review of Economic Studies V. 31, 91–96, 1964.

    Google Scholar 

  2. G. Debreu, Theory of Value, Wiley, New York, 1959.

    Google Scholar 

  3. F. Forges, E. Minelli and R. Vohra, “Incentives and the Core of an Exchange Economy: A Survey.” Journal of Mathematical Economics, V. 38, pp. 1–41, 2002.

    Article  MathSciNet  Google Scholar 

  4. P. Gottardi and R. Serrano “Market Power and Information Revelation in Dynamic Trading,” Journal of the European Economic Association V. 3, December 2005.

    Google Scholar 

  5. J. Green, “Information, Efficiency, and Equilibrium, Discussion paper no.284. Harvard Institute for Economic Research, 1973.

    Google Scholar 

  6. S. Grossman, The Informational Role of Prices. The MIT Press, Cambridge, MA, 1989.

    Google Scholar 

  7. B. Holmstrom and R. Myerson, “Efficient and Durable Decision Rules with Incomplete Information.” Econometrica V. 51, pp. 1799–1819, 1983.

    Google Scholar 

  8. J.-J. Laffont, “On the Welfare Analysis of Rational Expectations Equilibria with Asymmetric Information,” Econometrica V. 53, pp. 1–29, 1985.

    MATH  MathSciNet  Google Scholar 

  9. R. Lucas, “Expectations and the Neutrality of Money,” Journal of Economic Theory V. 4, pp. 103–124, 1972.

    Article  MathSciNet  Google Scholar 

  10. A. Mas-Colell, M. Whinston and J. Green, Microeconomic Theory, Oxford University Press, 1995.

    Google Scholar 

  11. M. McGill and W. Shafer, “Incomplete Markets,” Chapter 30 in Handbook of Mathematical Economics, Vol. IV, edited by W. Hildebrand and H. Sonnenschein, North Holland, 1991.

    Google Scholar 

  12. P. Milgrom and N. Stokey, “Information, Trade and Common Knowledge,” Journal of Economic Theory V. 26, pp. 17–27, 1982.

    Article  Google Scholar 

  13. R. Radner, “Equilibrium under Uncertainty,” Chapter 20 in Handbook of Mathematical Economics, V. II, edited by K.J. Arrow and M.D. Intriligator, North-Holland, 1982.

    Google Scholar 

  14. R. Serrano, R. Vohra and O. Volij, “On the Failure of Core Convergence in Economies with Asymmetric Information,” Econometrica V. 69, pp. 1685–1696, 2001.

    Article  MathSciNet  Google Scholar 

  15. R. Vohra, “Incomplete Information, Incentive Compatibility and the Core,” Journal of Economic Theory V. 86, pp. 123–147, 1999.

    Article  MATH  MathSciNet  Google Scholar 

  16. R. Wilson, “Information, Efficiency and the Core of an Economy,” Econometrica V. 46, pp. 807–816, 1978.

    MATH  MathSciNet  Google Scholar 

  17. A. Wolinsky “Information Revelation in a Market with Pairwise Meetings,” Econometrica V. 58, 1990, pp. 1–23.

    MATH  MathSciNet  Google Scholar 

Download references

Rights and permissions

Reprints and permissions

Copyright information

© 2006 Springer Science+Business Media, Inc.

About this chapter

Cite this chapter

(2006). Uncertainty in Exchange. In: Welfare Economics and Social Choice Theory, 2nd Edition. Springer, Boston, MA. https://doi.org/10.1007/0-387-29368-X_7

Download citation

Publish with us

Policies and ethics