Efficiency of an SRPE and an SSPE

Milan Horniaček ()
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Milan Horniaček: Comenius University

Chapter Chapter 4 in Cooperation and Efficiency in Markets, 2011, pp 53-83 from Springer

Abstract: Abstract In this chapter, we deal with the efficiency and welfare properties of an SRPE. Since each SSPE is also an SRPE, the results also hold for the former.

Keywords: Maximization Problem; Equilibrium Path; Retail Market; Consumer Welfare; Analyze Market (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:spr:lnechp:978-3-642-19763-5_4

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DOI: 10.1007/978-3-642-19763-5_4

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