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A remark on uniqueness of fix-price equilibria in an economy with production

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  • Hubert Stahn

    (BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique)

Abstract

Schulz's assumptions leading to uniqueness of fix-price equilibria cannot be readily generalized to economies with production.In such a setting, the effective demand of a consumer not only reacts to changes in the perceived constraints but also to a modification of the realized profit levels

Suggested Citation

  • Hubert Stahn, 1993. "A remark on uniqueness of fix-price equilibria in an economy with production," Post-Print hal-05078104, HAL.
    • Handle: RePEc:hal:journl:hal-05078104
    DOI: 10.1016/0304-4068(93)90034-I
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    Cited by:

    1. W D A Bryant, 2009. "General Equilibrium:Theory and Evidence," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 6875, October.
    2. Stahn, Hubert, 1998. "On monopolistic equilibria with incomplete markets: the case of an exchange economy," Journal of Mathematical Economics, Elsevier, vol. 29(1), pages 83-107, January.
    3. Stahn, Hubert, 1999. "Monopolistic behaviors and general equilibrium: a generalization of Nikaido's work," Journal of Mathematical Economics, Elsevier, vol. 32(1), pages 87-112, August.
    4. Giraud, Gael, 2003. "Strategic market games: an introduction," Journal of Mathematical Economics, Elsevier, vol. 39(5-6), pages 355-375, July.
    5. Stahn, Hubert, 1999. "Monopolistic behaviors and general equilibrium: a generalization of Nikaido's work," Journal of Mathematical Economics, Elsevier, vol. 32(1), pages 87-112, August.
    6. Stahn, Hubert, 1998. "On monopolistic equilibria with incomplete markets: the case of an exchange economy," Journal of Mathematical Economics, Elsevier, vol. 29(1), pages 83-107, January.
    7. Paul Oslington, 2012. "General Equilibrium: Theory and Evidence," The Economic Record, The Economic Society of Australia, vol. 88(282), pages 446-448, September.
    8. Weinrich, Gerd, 2007. "New Keynesian monopolistic competition and objective demand," Journal of Mathematical Economics, Elsevier, vol. 43(2), pages 153-173, February.

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