Strategic equilibrium in economies with a continuum of agents

Carlos Hervés Beloso and Emma Moreno García
Authors registered in the RePEc Author Service: Emma Moreno-García and Carlos Hervés Beloso

UC3M Working papers. Economics from Universidad Carlos III de Madrid. Departamento de Economía

Abstract: In this note, a pure exchange economy with a continuum of agents who behave strategically in endowments and preferences is considered. A notion of equilibrium, namely, strategic equilibrium is defined. It is shown that price-taking and strategic behavior leads to identical results.

Keywords: Strategic; equilibrium; Pure; exchange; economy; Continuum; economy (search for similar items in EconPapers)
Date: 1994-09
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Persistent link: https://EconPapers.repec.org/RePEc:cte:werepe:2923

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