Ludovic Julien () (EconomiX - CNRS : UMR7166 - Université de Paris X - Nanterre) Fabrice Tricou (EconomiX - CNRS : UMR7166 - Université de Paris X - Nanterre)
Additional information is available for the following
registered author(s):
This paper explores the rationale of price-taking and price-making behaviours in the context of Walrasian and Cournotian pure exchange economies. Beside the influence of the number of agents, we underline the role of the structure of preferences. Through three equilibrium variations of the same basic economy, we obtain several results about price manipulation, about asymptotic identifications for large economies and for degenerate preferences, and about welfare comparisons. Perfect competition does not only correspond to the case of large economies, but may also concern economies where market powers are more or less equivalent.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by HAL in its series Working Papers with number
halshs-00088012_v3.
Length: Date of creation: 28 Jul 2006 Date of revision: Handle: RePEc:hal:wpaper:halshs-00088012_v3
Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00088012/en/ Contact details of provider: Web page: http://hal.archives-ouvertes.fr/
For technical questions regarding this item, or to correct its listing, contact: (CCSD).