On the core of an economy with differential information

Article Abstract:

Research is presented concerning the relationship which exists between the ex-post core of the economy and the fine core of an atomless exchange economy which contains differential information.

Economic research, Rational expectations (Economics), Equilibrium (Economics)

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Core and stable sets of large games arising in economics

Article Abstract:

The core of a glove-market game, which has a minimum of a finite number of possibility ways, is considered as a stable set if the game is exact and is characterized by mutually singular non-atomic measures. While the theory does not apply to market games with finite set of players, it can be used to analyze other large games with diminishing returns to scale property. Aside from its impact on the economic application of game theory, it also provides a basis for competitive allocations in atomless markets.

Markets (Economics)

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The asymptotic nucleolus of large monopolistic market games

Article Abstract:

Monopolistic market games may have asymptiotic nucleoli, and the effect of this phenomenon is examined in detail in a context of continuum economies.

Economic aspects, Monopolies

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