Competitive markets with externalities

, (noguchi@ccmfs.meijo-u.ac.jp) and , R. (zame@econ.ucla.edu)
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,: Meijo University
, R.: UCLA
Authors registered in the RePEc Author Service: William R. Zame

Theoretical Economics, 2006, vol. 1, issue 2, 143-166

Abstract: This paper presents a general model of a competitive market with consumption externalities, and establishes the existence of equilibrium in the model, under assumptions comparable to those in classical models. The model allows production and indivisible goods. Examples illustrate the generality and applicability of the results.

Keywords: Competitive equilibrium; externalities; distributional economies (search for similar items in EconPapers)
JEL-codes: D5 (search for similar items in EconPapers)
Date: 2006-06-01
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Citations: View citations in EconPapers (16)

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Persistent link: https://EconPapers.repec.org/RePEc:the:publsh:168

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