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| Author: | Koutsougeras, L. C. |
| Title: | A two-stage core with applications to asset market and differential information economies |
| Journal: | Economic Theory
1998 : VOL. 11:3, p. 563-584 |
| Index terms: | ASSETS ECONOMIC SYSTEMS TRADE |
| Freeterms: | DIFFERENTIAL INFORMATION ECONOMIES |
| Language: | eng |
| Abstract: | This paper introduces a core concept called the two-stage core, appropriate for economies with sequential trade. A general existence theorem is proved, and two applications of the two-stage core are presented. |
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