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 … coalitions, as blocking can be understood as an equilibrium of a communication mechanism used by players in coalitions. We …