This paper examines the ex ante core of a pure exchange economy with asymmetric information in which state-dependent allocations are required to satisfy incentive compatibility. This restriction on players' strategies in the cooperative game can be interpreted as incomplete contracts or partial...

A complete characterization is given for the prices charged by Bertrand-Edgeworth duopolists with capacity constraints. In general, for the game in which firms' strategy spaces consist of price offers, Nash equilibrium involves nondegenerate mixed strategi es. Equilibria never extend below the...