Oligopoly equilibria in exchange economies
AbstractThis paper extends the notion of Cournot-Walras equilibrium introduced by Codognato and Gabszewicz (1991) in a particular context (homogeneous oligopoly) to a general class of pure exchange economies. Some examples are considered, corresponding to oligopolistic structures analyzed in partial equilibrium . Finally, we discuss a possible extension of the concept to the case of a productive economy, and illustrate this discussion by means of an example embodying linear technologies.
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Bibliographic InfoPaper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 1992047.
Date of creation: 01 Apr 1992
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Other versions of this item:
- Gabszewicz, J.J. & Michel, P., . "Oligopoly equilibrium in exchange economies," CORE Discussion Papers RP -1265, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Gabszewicz, J. & Michel, P., 1992. "Oligopoly Equilibria in Exchange Economies," Papiers d'Economie MathÃÂ©matique et Applications 92.26, UniversitÃ© PanthÃ©on-Sorbonne (Paris 1).
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