Monopolists of Scarce Information and Small Group Effectiveness in Large Quasilinear Economies
Monopolists of Scarce Information and Small Group Effectiveness in Large Quasilinear Economies
复制标题
大型拟线性经济中的稀缺信息垄断者和小团体有效性
DOI:
10.1007/s00182-021-00769-x
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发表时间:
2021
影响因子:
0.6
通讯作者:
Myrna Wooders
中科院分区:
文献类型:
--
作者:
Yusuke Kamishiro;Roberto Serrano;Myrna Wooders
In large quasilinear economies, we provide sufficient conditions to establish the nonemptiness of several versions of approximateinterimcores with endogenous communication. This is done by proving nonemptiness of approximateex postcores satisfying incentive compatibility. Our model features a finite number of agents whose information is exclusive, whom we shall term “monopolists of scarce information.” When the number of agents with exclusive information remains finite, the main argument relies on an adaptation of the small group effectiveness condition, previously proposed for games of complete information.