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Cournot-Walras Equilibria in Markets with a Continuum of Traders

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Author Info
Codognato, Giulio
Gabszewicz, Jean J

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Abstract

In a model with a nonatomic continuum of traders some of which behave strategically while the others remain price-takers, the set of Cournot-Walras equilibria coincides with the set of Walras equilibria. This property is no longer valid when the strategic agents are represented by atoms.

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Publisher Info
Article provided by Springer in its journal Economic Theory.

Volume (Year): 3 (1993)
Issue (Month): 3 (July)
Pages: 453-64
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Handle: RePEc:spr:joecth:v:3:y:1993:i:3:p:453-64

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  1. Busetto, Francesca & Codognato, Giulio & Ghosal, Sayantan, 2008. "Noncooperative Oligopoly in Markets with a Continuum of Traders," The Warwick Economics Research Paper Series (TWERPS) 866, University of Warwick, Department of Economics. [Downloadable!]
  2. Gonzalo Fernández de Córdoba & Emma Moreno García, 2004. "Union Games: Technological Unemployment," Economic Working Papers at Centro de Estudios Andaluces E2004/45, Centro de Estudios Andaluces. [Downloadable!]
    Other versions:
  3. Pascal Belan & Philippe Michel & Bertrand Wigniolle, 2005. "Does imperfect competition foster capital accumulation in a developing economy ?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00268842_v1, HAL. [Downloadable!]
    Other versions:
  4. Pascal Belan & Philippe Michel & Bertrand Wigniolle, 2007. "Capital accumulation, welfare and the emergence of pension fund activism," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00268847_v1, HAL. [Downloadable!]
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  5. Ludovic Alexandre JULIEN, 2007. "External conjectural variations in symmetric oligopoly equilibrium," Economics Bulletin, AccessEcon, vol. 4(44), pages 1-6. [Downloadable!]
  6. Biancamaria D'Onofrio & Bertrand Wigniolle, 2006. "Imperfect competition, technical progress and capital accumulation," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00185321_v1, HAL. [Downloadable!]
  7. Ludovic Alexandre JULIEN, 2006. "Conjectural variations and general oligopoly equilibrium in pure exchange economies," Economics Bulletin, AccessEcon, vol. 4(39), pages 1-6. [Downloadable!]
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This page was last updated on 2009-12-30.


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