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Abstract

We generalize the -No-trade- theorem for finite unawareness belief structures in Heifetz, Meier, and Schipper 2009 to the infinite case.



Item Type: MPRA Paper -

Original Title: Speculative Trade under Unawareness: The Infinite Case-

Language: English-

Keywords: Awareness; unawareness; speculation; trade; agreement; common prior; common certainty-

Subjects: D - Microeconomics > D5 - General Equilibrium and Disequilibrium > D53 - Financial MarketsD - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D84 - Expectations ; SpeculationsD - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D82 - Asymmetric and Private Information ; Mechanism DesignC - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory > C70 - GeneralD - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D80 - GeneralC - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory > C72 - Noncooperative Games-





Author: Meier, Martin

Source: https://mpra.ub.uni-muenchen.de/20632/







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