Imperfect Competition and General Equilibrium Elements for a New Approach.

The paper examines some issues linked to the integration of market power in general equilibrium. The first part reviews the different existing approaches: subjective and objective, in terms of quantities and in terms of prices. The second part presents a semi-competitive model, based on a sector by sector approach and a general notion of price coordination.

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Year of publication:	1996
Authors:	D'Aspremont, C. ; Dos Santos Ferreira, R. ; Gerard-Varet, L.A.
Institutions:	Groupement de Recherche en Économie Quantitative d'Aix-Marseille (GREQAM), Aix-Marseille School of Economics (AMSE)
Subject:	GENERAL EQUILIBRIUM \| COMPETITION

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Series:	G.R.E.Q.A.M..
Type of publication:	Book / Working Paper
Notes:	36 pages
Classification:	D43 - Oligopoly and Other Forms of Market Imperfection ; D50 - General Equilibrium and Disequilibrium. General ; L10 - Market Structure, Firm Strategy, and Market Performance. General ; L13 - Oligopoly and Other Imperfect Markets
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005779667