Existence and properties of a value allocation for an economy with differential information

  • Stefan Krasa
  • Nicholas C. Yannelis
Part of the Studies in Economic Theory book series (ECON.THEORY, volume 19)


We prove the existence of a private value allocation for an economy with differential information where the commodity space may be infinite dimensional, and there is a continuum of states. We also discuss the existence, non-existence, and properties of two alternative value allocation concepts.


Banach Lattice Marginal Contribution Grand Coalition Order Interval Nash Bargaining Solution 
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Copyright information

© Springer-Verlag Berlin Heidelberg 2005

Authors and Affiliations

  • Stefan Krasa
    • 1
  • Nicholas C. Yannelis
    • 1
  1. 1.Department of EconomicsUniversity of Illinois at Urbana-ChampaignChampaignUSA

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