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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Length: 6 pages Date of creation: 1997 Date of revision: Handle: RePEc:fth:inecpu:148
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Find related papers by JEL classification: D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General