Munich Personal RePEc Archive

Information within coalitions: risk and ambiguity.

Moreno-García, Emma and Torres-Martínez, Juan Pablo (2017): Information within coalitions: risk and ambiguity.

[img]
Preview
PDF
MPRA_paper_76428.pdf

Download (376kB) | Preview

Abstract

We address economies with asymmetric information where agents are not perfectly aware about the informational structure for coalitions. Thus, we introduce solutions that we refer to as risky core and ambiguous core. We provide existence results and a variety of properties of these cooperative solutions.

Logo of the University Library LMU Munich
MPRA is a RePEc service hosted by
the University Library LMU Munich in Germany.