Monopolistically competitive equilibria with differentiated commodities

Takashi Suzuki ()
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Takashi Suzuki: Department of Economics, Meiji-Gakuin University, 1-2-37 Shiroganedai, Minato-ku, Tokyo, 108, JAPAN , and C.O.R.E, 34 Voie du Roman Pays, 1348 Louvain la Neuve, BELGIUM

Economic Theory, 2000, vol. 16, issue 2, 259-275

Abstract: An existence theorem of monopolistically competitive equilibrium of the economy in which commodities are subject to differentiation will be proved. We start with the existence theorem of Negishi (1961) and extend it to the commodity space of measures on a compact metric space. In so doing, we have to handle the price normalization carefully.

JEL-codes: D43 L13 (search for similar items in EconPapers)
Date: 2000-07-14
Note: Received: December 2, 1996; revised version: May 6, 1999
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