Bisin, A.; Geanakoplos, J.D.; Gottardi, P.; Minelli, E.; … - In: Journal of Mathematical Economics 47 (2011) 3, pp. 279-288
Economies with asymmetric information are encompassed by an extension of the model of general competitive equilibrium that does not require an explicit modeling of private information. Sellers have discretion over deliveries on contracts; this is in common with economies with default, incomplete...
