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Imperfect Competition and General Equilibrium Elements for a New Approach

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Author Info

  • d'Aspremont, C
  • Santos Ferreira, R-D
  • Gerard-Varet, L-A

Abstract

The paper examines some issues linked to the integration of market power in general equilibrium. The first part reviews the different existing approaches : subjective and objective, in terms of quantitites and in terms of prices. The second part presents a semi-competitive model, based on a sector by sector approach and a general notion of price coordination.

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Bibliographic Info

Paper provided by ASSET (Association of Southern European Economic Theorists) in its series ASSET - Instituto De Economia Publica with number 148.

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Length: 6 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:fth:inecpu:148

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Postal: ASSET - Instituto De Economia Publica Facultad de Ciencias Economicas Y Empresariales . Avenida Lehendakari Aguirre, 83. 48015 Bilbao. Spain
Phone: + 33 - 4 91 14 07 70
Fax: + 33 - 4 91 90 02 27
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Web page: http://www.vcharite.univ-mrs.fr/ASSET/
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Keywords: GENERAL EQUILIBRIUM ; COMPETITION;

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