EconPapers    
Economics at your fingertips  
 

Imperfect competition à la Negishi, also with fixed costs

Pierre Dehez, Jacques Dreze and Takashi Suzuki

No 2002078, CORE Discussion Papers from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: The paper studies equilibria for economies with imperfect competition and non-convex technologies. Following Negishi, firms maximise profits under downward-sloping perceived demand functions. Negishi's assumptions, in particular the assumption of a single monopolistic competitor in each market, are relaxed. Existence of equilibria is obtained, under otherwisestandard assumptions, for productions sets defined in each firm by the union of a convex technology and a technology subject to fixed costs. In the light of a counterexample, it is assumed that fixed factors are distinct from variable factors. Technically, the proof rests on pricing rules.

Keywords: imperfect competition; fixed costs; general equilibrium; perceived demand; pricing rules (search for similar items in EconPapers)
JEL-codes: D43 D51 L13 (search for similar items in EconPapers)
Date: 2002-12
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://uclouvain.be/en/research-institutes/immaq/core/dp-2002.html (text/html)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

Related works:
Journal Article: Imperfect competition a la Negishi, also with fixed costs (2003) Downloads
Working Paper: Imperfect competition à la Negishi, also with fixed costs (2003)
Working Paper: Imperfect competition à la Negishi also with fixed costs (2003) Downloads
Working Paper: Imperfect Competition à la Negishi also with Fixed Costs (2002) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:2002078

Access Statistics for this paper

More papers in CORE Discussion Papers from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) Voie du Roman Pays 34, 1348 Louvain-la-Neuve (Belgium). Contact information at EDIRC.
Bibliographic data for series maintained by Alain GILLIS ().

 
Page updated 2019-10-14
Handle: RePEc:cor:louvco:2002078