General equilibrium with imperfect competition

Dierker, Egbert and Dierker, Hildegard (2006) General equilibrium with imperfect competition. Journal of the European Economic Association, Papers and Proceedings of the Twentieth Annual Congress of the European Economic Association (Apr. - May, 2006), 4 (2-3), pp. 436-445. https://doi.org/10.1162/jeea.2006.4.2-3.436

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Abstract

The objective of a firm is not well-defined if firms have market power. We present an example of Cournot-Walras competition in order to shed light on this problem and to motivate the concept of real wealth maximization that B. Grodal and E. Dierker have proposed as the firm's objective. (authors' abstract)

Item Type: Article in Academic Journal
Classification Codes (e.g. JEL): D21, D42, D43, L13, L21
Date Deposited: 29 Jan 2015 13:07
Last Modified: 19 Sep 2024 08:49
DOI: 10.1162/jeea.2006.4.2-3.436
URI: https://irihs.ihs.ac.at/id/eprint/2744

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