A Note on The Pareto Efficiency of General Oligopolistic Equilibria
This note shows that a general oligopolistic equilibrium (GOLE), a notionrecently introduced in the literature by Neary, may be Pareto-efficient. Consequently,at a GOLE, the allocation of resources can be identical to thatof a competitive equilibrium. We also propose a characterization of Paretoefficientgeneral oligopolistic equilibria.
|Date of creation:||2005|
|Contact details of provider:|| Postal: Bâtiment ENSAE, 5 rue Henry LE Chatelier, 91120 Palaiseau|
Phone: 01 41 17 60 81
Web page: http://crest.science
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:crs:wpaper:2005-05. 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: (Sri Srikandan)
If references are entirely missing, you can add them using this form.