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A Bayesian abstract economy with a measure space of agents. (English) Zbl 1176.91079
Summary: We define the model of an abstract economy with differential (asymmetric) information and a measure space of agents. We generalize N. C. Yannelis’ result [Economic Theory 38, No. 2, 419–432 (2007)], considering that each agent is characterised by a random preference correspondence instead of having a random utility function. We establish two different equilibrium existence results.

MSC:
91B50 General equilibrium theory
91B52 Special types of economic equilibria
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References:
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