The objective of this paper is two-fold: First we settle the long standing controversy on value allocations by showing that generically value allocations have the equal treatment property. Second we extend the notion of equal treatment to asymmetric information economies and show that private value allocations possess the equal treatment property.
On the Equal Treatment of Value allocations / Pesce, Marialaura. - (2009). (Intervento presentato al convegno IX Conference of the Society for the Advancement of Economic Theory tenutosi a Ischia, Napoli nel 29 Giugno 2009 - 5 Luglio 2009).
On the Equal Treatment of Value allocations
PESCE, MARIALAURA
2009
Abstract
The objective of this paper is two-fold: First we settle the long standing controversy on value allocations by showing that generically value allocations have the equal treatment property. Second we extend the notion of equal treatment to asymmetric information economies and show that private value allocations possess the equal treatment property.File in questo prodotto:
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