Subjective expectations equilibrium in economies with uncertain delivery

C-Tier
Journal: Journal of Mathematical Economics
Year: 2008
Volume: 44
Issue: 7-8
Pages: 641-650

Authors (2)

Correia-da-Silva, João (Universidade do Porto) Hervés-Beloso, Carlos (not in RePEc)

Score contribution per author:

0.505 = (α=2.02 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We develop a model of general equilibrium with trade ex ante in a context of private and incomplete state verification. Instead of choosing bundles, agents choose lists of bundles out of which the market then selects one bundle for delivery. With agents having subjective expectations about the bundle that will be delivered, we study existence of a subjective expectations equilibrium.

Technical Details

RePEc Handle
repec:eee:mateco:v:44:y:2008:i:7-8:p:641-650
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25