Imperfect Competition and General Equilibrium Elements for a New Approach
The paper examines some issues linked to the integration of market power in general equilibrium. The first part reviews the different existing approaches : subjective and objective, in terms of quantitites and in terms of prices. The second part presents a semi-competitive model, based on a sector by sector approach and a general notion of price coordination.
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|Date of creation:||1997|
|Date of revision:|
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