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Department of Economics, University of Illinois

University of Illinois Urbana Champaign




Nicholas C. Yannelis

Commerce Distinguished Alumni Professor of Economics

Research Interests

Microeconomics, General equilibrium, Asymmetric information

PhD

University of Rochester, 1983

Selected Publications

  • "Capital Market Equilibrium without Riskless Assets: Heterogeneous Expectations," with G. Hahn and D. Won, Annals of Finance, forthcoming.
  • “Debreu’s Social Equilibrium Theorem with a Continuum of Agents and Asymmetric Information,” Economic Theory, forthcoming.
  • “Ex ante Efficiency implies Incentive Compatibility,” with Y. Sun, Economic Theory, forthcoming.
  • “Equilibrium Theory with Asymmetric Information and with Infinitely Many Commodities,” with K. Podczeck, Journal of Economic Theory, forthcoming.
  • “Equilibrium Theory with unbounded Consumption Sets and Non-Ordered Preferences, Part I,” with D. Won, Journal of Mathematical Economics, forthcoming.
  • "Core, Equilibria and Incentives in Large Asymmetric Information Economies,"
     with Y. Sun, Games and Economics Behavior, vol. 61 (2007), 131-15.
  • “Perfect Competition in Differential Information Economies: Compatibility of Efficiency and Incentives” with Y. Sun, Journal of Economic Theory, vol. 134 (2007), 175-194.

Vita