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The Dixit-Stiglitz economy with a ‘small group’ of firms: A simple and robust equilibrium markup formula

Author

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  • d’ASPREMONT Claude

    (CORE, Université catholique de Louvain)

  • DOS SANTOS FERREIRA Rodolphe

    (Université de Strasbourg)

Abstract

In a general version of Dixit-Stiglitz two-sector economy, we present three variants of the concept of oligopolistic equilibrium in price-quantity pairs (d’Aspremont and Dos Santos Ferreira, 2016) integrating income feedback effects in three different way

Suggested Citation

  • d’ASPREMONT Claude & DOS SANTOS FERREIRA Rodolphe, 2017. "The Dixit-Stiglitz economy with a ‘small group’ of firms: A simple and robust equilibrium markup formula," LIDAM Discussion Papers CORE 2017032, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  • Handle: RePEc:cor:louvco:2017032
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    Cited by:

    1. d’Aspremont, Claude & Dos Santos Ferreira, Rodolphe, 2020. "Exploiting separability in a multisectoral model of oligopolistic competition," Mathematical Social Sciences, Elsevier, vol. 106(C), pages 51-59.

    More about this item

    JEL classification:

    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets

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