Serrano, Roberto; Kamishiro, Yusuke - Centro de Estudios Monetarios y Financieros (CEMFI) - 2009
We study information transmission in large interim quasilinear economies using the theory of the core. We concentrate … on the core with respect to equilibrium blocking, a core notion in which information is transmitted endogenously within … which asymmetric information remains as an externality and non-market outcomes stay in the core, as well as those for the …