General equilibrium concepts under imperfect competition: a Cournotion approach

Claude d'Aspremont, R. Dos Santos and Louis-André Gérard-Varet
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R. Dos Santos: BETA, Université Louis Pasteur, Strasbourg, France

No 1992057, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: In a pure exchange economy we propose a general equilibrium concept under imperfect competition, the "Cournotian Monopolistic Competition Equilibrium", and compare it to the Cournot-Walras and the Monopolistic Competition concepts. The advantage of the proposed concept is to simplify the calculations attributed to strategic agents. Then we study the connexion of these concepts to a general concept of P-equilibrium which is extended to economies with production.

Date: 1992-11-01
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Related works:
Journal Article: General Equilibrium Concepts under Imperfect Competition: A Cournotian Approach (1997)
Working Paper: General equilibrium concepts under imperfect competition: a Cournotian approach (1997)
Working Paper: General Equilibrium Concepts Under Imperfect Competition: A Cournotien Approach (1992)
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:1992057

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