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Bayesian equilibrium and incentive-compatibility : an introduction

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From a theorem of Radner

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Equilibria of the sealed-bid mechanism for bargaining with incomplete information

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Chapter 20 Equilibrium under uncertainty

Radner, Roy - In: Handbook of mathematical economics : volume 2, (pp. 923-1006). 1982

This chapter reviews several concepts of equilibrium that have appeared in the recent literature on markets and uncertainty and focuses on various theories of equilibrium under uncertainty in a sequence of markets, in the absence of complete forward markets for contingent delivery. A stationary...

Persistent link: https://www.econbiz.de/10014025060