Approximate Efficiency of Cournot Equilibria in Large Markets

Yoshiaki Ushio

The Review of Economic Studies, 1985, vol. 52, issue 4, 547-556

Abstract: This paper establishes necessary and sufficient conditions for the approximate efficiency of Cournot equilibria in large markets. The analysis is carried out in the partial equilibrium framework of a market for a homogeneous commodity.

Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:oup:restud:v:52:y:1985:i:4:p:547-556.

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