Imperfect competition à la Negishi also with fixed costs
Jacques Dreze and
Additional contact information
Pierre Dehez: University of Louvain
Takashi Suzuki: Meiji-Gakuin University
Microeconomics from University Library of Munich, Germany
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 otherwise standard assumptions, for production sets defined in each firm by the union of a convex technology and a technology subjected 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 demands; pricing rules (search for similar items in EconPapers)
JEL-codes: D43 D51 L13 (search for similar items in EconPapers)
Note: Type of Document - pdf; prepared on Tex; pages: 30; figures: included. to appear in JME
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
Journal Article: Imperfect competition a la Negishi, also with fixed costs (2003)
Working Paper: Imperfect competition Ã la Negishi, also with fixed costs (2003)
Working Paper: Imperfect competition à la Negishi, also with fixed costs (2002)
Working Paper: Imperfect Competition à la Negishi also with Fixed Costs (2002)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpmi:0304003
Access Statistics for this paper
More papers in Microeconomics from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ().