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Oligopoly Equilibria in Exchange Economies : Limit Theorems

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  • Lahmandi-Ayed, R

Abstract

In this paper, it is proved that in the case of pure exchange economy, the oligopoly equilibrium leads to the competitive equilibrium when the economy is replicated an infinite number of times.

Suggested Citation

  • Lahmandi-Ayed, R, 1996. "Oligopoly Equilibria in Exchange Economies : Limit Theorems," Papiers d'Economie Mathématique et Applications 96.07, Université Panthéon-Sorbonne (Paris 1).
  • Handle: RePEc:fth:pariem:96.07
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    Citations

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    Cited by:

    1. Busetto, Francesca & Codognato, Giulio & Ghosal, Sayantan, 2011. "Noncooperative oligopoly in markets with a continuum of traders," Games and Economic Behavior, Elsevier, vol. 72(1), pages 38-45, May.
    2. Bio-Akanni ELEGBEDE, 2017. "Oligopoly Equilibrium with differentiated commodities: a computation of two models," Working Papers CREGO 1171201, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations.
    3. Godal Odd & Meland Frode, 2010. "Permit Markets, Seller Cartels and the Impact of Strategic Buyers," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-33, April.
    4. Gonzalo Fernández-de-Córdoba & Emma Moreno-García, 2006. "Union games: technological unemployment," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 27(2), pages 359-373, January.

    More about this item

    Keywords

    OLIGOPOLIES ; ECONOMIC EQUILIBRIUM;

    JEL classification:

    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models

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