A working paper exploring the idea that information equilibrium between an information source and an information destination is a general principle for understanding the micro- and macroeconomic allocation problem. [Here] is a first draft.
Saturday, September 26, 2015
Updated the draft paper
I updated the draft paper (now v2) after some reviews from Peter Fielitz, Guenter Borchardt and Tom Brown (many thanks to them). Have a look and let me know if my Google Drive settings are appropriate and you can download it. This includes the new notation for an information equilibrium model.