Speculative Trade under Unawareness – The infinite Case

Martin Meier; Burkhard Schipper

doi:10.1007/s40505-014-0040-x

Speculative Trade under Unawareness – The infinite Case

Martin Meier
, Burkhard Schipper

Department of Economics

Research output: Contribution to journal › Article › peer-review

Abstract

We prove a “no-speculative-trade” theorem under unawareness for the infinite case. This generalizes the result for the finite case by Heifetz et al. (Games Econ Behav 77:100–121, 2013).

Original language	English
Pages (from-to)	147-160
Journal	Economic Theory Bulletin
Volume	2
Issue number	2
Early online date	30 May 2014
DOIs	https://doi.org/10.1007/s40505-014-0040-x
Publication status	E-pub ahead of print - 30 May 2014

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title = "Speculative Trade under Unawareness {\textendash} The infinite Case",

abstract = "We prove a {\textquotedblleft}no-speculative-trade{\textquotedblright} theorem under unawareness for the infinite case. This generalizes the result for the finite case by Heifetz et al. (Games Econ Behav 77:100{\textendash}121, 2013).",

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AB - We prove a “no-speculative-trade” theorem under unawareness for the infinite case. This generalizes the result for the finite case by Heifetz et al. (Games Econ Behav 77:100–121, 2013).

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SP - 147

EP - 160

JO - Economic Theory Bulletin

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Speculative Trade under Unawareness – The infinite Case

Abstract

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