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Review of Economic Studies Vol. 48 No. 2 1981

Large Economies with Trading Uncertainty: A Correction

Douglas Gale

London School of Economics and Political Science

open access

Abstract

of Mannheim University has brought to my attention an error in my paper "Large Economies with Trading Uncertainty". The example of an allocation mechanism described on pp. 329-332 does not satisfy the condition of relative continuity as claimed on p.332. The reason is that the definition, as given in the paper, is a rather gross misstatement of what I had in mind and makes some of the accompanying analysis nonsensical. Fortunately, the matter is not hard to put right. Two passages in the text must be rewritten as follows.

DOI
10.2307/2296893
Volume
48
Issue
2
Pages
363
Sources
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