Consumer and Trade Prices in General Equilibrium with Imperfect Competition
A two-sector model of imperfect competition with intermediate goods is analyzed. An objective demand function is constructed and equilibrium studied through simulation. The results indicate that trade prices may exceed consumer prices and that collusion between firms may benefit both firms and consumers and result in intermediate goods trading at less than marginal cost.
Volume (Year): 1 (2002)
Issue (Month): 1 (April)
|Contact details of provider:|| Postal: |
Web page: http://www.ijbe.org/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ijb:journl:v:1:y:2002:i:1:p:45-52. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Yi-Ju Su)
If references are entirely missing, you can add them using this form.