Abstract and Applied Analysis
Volume 2009 (2009), Article ID 523619, 11 pages
doi:10.1155/2009/523619
A Bayesian abstract economy with a measure space of agents
Monica Patriche
Department of Probability, Statistics and Operations Research, Faculty of Mathematics and Computer Science, University of Bucharest, Street Academiei 14, 010014 Bucharest, Romania
Abstract
We define the model of an abstract economy with differential (asymmetric) information and a measure space of agents. We generalize N. C. Yannelis's result (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.