The Objective Demand Curve in General Equilibrium with Price Makers

Jean-Pascal Benassy

Economic Journal, 1987, vol. 98, issue 390, 37-49

Abstract: Objective demand curves in general equilibrium with explicitly modeled price makers have been defined so far in a number of specific cases. This paper gives a general definition of such an objective demand curve. The associated general equilibrium concept is defined, and sufficient existence conditions are given. Copyright 1987 by Royal Economic Society.

Date: 1987
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