Yosha, Oved; Serrano, Roberto - In: Economic Theory 8 (1996) 1, pp. 167-175
We study the welfare properties of a market with pairwise meetings and asymmetric information, establishing an equivalence between asymptotically expost individually rational and asymptotically (ex-ante, interim and ex-post) efficient equilibrium sequences. <!--ID="" Correspondence to:O. Yosha-->