Correia-da-Silva, Joao; Hervés-Beloso, Carlos - Faculdade de Economia, Universidade do Porto - 2005
In economies with uncertain delivery, agents trade their endowments for lists instead of bundles. A list specifies a set of bundles such that the agent has the right to receive one of them. In this paper, with continuity conditions on private beliefs about the bundle that will be delivered, we...