Perfect competition in asymmetric information economies: compatibility of efficiency and incentives

Journal of Economic Theory

Volumn 134, Issue 1, 2007, Pages 175-194

  Sun, Yeneng ^a   Yannelis, Nicholas C ^b  

^a NATIONAL UNIVERSITY OF SINGAPORE   (Singapore)

^b UNIVERSITY OF ILLINOIS AT URBANA CHAMPAIGN   (United States)

Author keywords

Asymmetric information; Incentive compatibility; Negligible private information; Pareto efficiency; Perfect competition; Walrasian allocation

Indexed keywords

EID: 34247153865     PISSN: 00220531     EISSN: 10957235     Source Type: Journal    
DOI: 10.1016/j.jet.2006.03.001     Document Type: Article

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