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- W1654093348 abstract "Abstract In atomless differential information economies, equilibria are known not to exist prevalently even when agents are risk averse expected utility maximizers. The notion of prevalence involves essentially picking an economy at random. In this paper, however, we establish existence results with economically meaningful assumptions on the information structure. We obtain existence when agents have independent information, and also when the total endowment of the economy is common knowledge." @default.
- W1654093348 created "2016-06-24" @default.
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- W1654093348 date "2015-12-01" @default.
- W1654093348 modified "2023-09-27" @default.
- W1654093348 title "New conditions for the existence of Radner equilibrium with infinitely many states" @default.
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- W1654093348 doi "https://doi.org/10.1016/j.jmateco.2015.08.003" @default.
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