Private information: similarity as compatibility

• Type: Article in International Scientific Journal
• Date: 2007

Authors

João Correia-da-Silva (Author) FEP; Carlos Hervés-Beloso (Author) FEP

Journal

Title: Economic Theory

Pages: 395-407

ISSN: 0938-2259

Publisher: Springer Nature

Indexing

ISI Web of Knowledge - 4 Citations

ISI Web of Science

Scopus - 4 Citations

Econlit

Scientific classification

FOS: Social sciences > Economics and Business

CORDIS: Social sciences > Economics ; Physical sciences > Mathematics

Other information

Authenticus ID: P-004-BBV

DOI: 10.1007/s00199-005-0066-2

Abstract (EN): We introduce a new topology on information which evaluates the similarity between information fields taking into account their compatibility, that is, the events that are commonly observed. With this ¿topology of common information¿, the Walrasian expectations equilibrium (Radner 1968) and the private core (Yannelis 1991) are upper semicontinuous.

Language: Portuguese

Type (Professor's evaluation): Scientific