A Few Remarks on Imperfect Competition with Incompleteness of Markets

Luigi Ventura

No 1994046, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: This work illustrates a few examples where imperfect competition is mixed with incompleteness of markets. The behaviour of strategic agents is analyzed in different non competitive contexts and it is also shown under what conditions imperfect competition can Pareto improve on competitive outcome. An "indirect transfer price effect" is shown to be at work in a framework of market incompleteness and imperfect competition.

Date: 1994-10-01
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:1994046

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