Oligopolistic equilibrium and financial constraints
Carmen Bevia () and
Yosuke Yasuda ()
Authors registered in the RePEc Author Service: Luis C. Corchon
UC3M Working papers. Economics from Universidad Carlos III de Madrid. Departamento de EconomÃa
Abstract:
In this paper we present a model of oligopoly and financial constraints. We study allocations which are bankruptcy-free (BF) in the sense that no firm can drive another firm to bankruptcy without becoming bankrupt. We show how such allocations can be sustained as an equilibrium of a dynamic game. When there are two firms, all equilibria yield BF allocations. When there are more than two firms, allocations other than BF can be sustained as equilibria but in some cases the set of BF allocations still useful in explaining the shape of equilibrium set.
Date: 2011-04
New Economics Papers: this item is included in nep-bec and nep-com
References: View complete reference list from CitEc
Citations: View citations in EconPapers (6)
Downloads: (external link)
https://e-archivo.uc3m.es/rest/api/core/bitstreams ... acbe814f8ee5/content (application/pdf)
Related works:
Journal Article: Oligopolistic equilibrium and financial constraints (2020) 
Working Paper: Oligopolistic Equilibrium and Financial Constraints (2015) 
Working Paper: Oligopolistic Equilibrium and Financial Constraints (2015) 
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:cte:werepe:we1110
Access Statistics for this paper
More papers in UC3M Working papers. Economics from Universidad Carlos III de Madrid. Departamento de EconomÃa
Bibliographic data for series maintained by Ana Poveda ().