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The Objective Demand Curve in General Equilibrium with Price Makers

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  • Benassy, Jean-Pascal

Abstract

Objective demand curves in general equilibrium with explicitly modeled price makers have been defined so far in a number of specific cases. This paper gives a general definition of such an objective demand curve. The associated general equilibrium concept is defined, and sufficient existence conditions are given. Copyright 1987 by Royal Economic Society.

Suggested Citation

  • Benassy, Jean-Pascal, 1987. "The Objective Demand Curve in General Equilibrium with Price Makers," Economic Journal, Royal Economic Society, vol. 98(390), pages 37-49, Supplemen.
    • Handle: RePEc:ecj:econjl:v:98:y:1987:i:390:p:37-49
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    Cited by:

    1. Jean-Pascal Bénassy, 1992. "Un modèle macroéconomique de chômage avec concurrence imparfaite et anticipations rationnelles," L'Actualité Economique, Société Canadienne de Science Economique, vol. 68(1), pages 23-42.
    2. Bernard Guerrien, 1992. "Où en est le programme de recherche néo-classique?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 68(4), pages 564-586.
    3. Alfred Maußner, 1997. "Learning to believe in nonrational expectations that support pareto-superior outcomes," Journal of Economics, Springer, vol. 65(3), pages 235-256, October.
    4. Lensberg, Terje, 1997. "Rational fix-price dynamics," European Economic Review, Elsevier, vol. 41(1), pages 163-186, January.

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