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Oligopoly equilibria in exchange economies

Author

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  • GABSZEWICZ, Jean

    (CORE, Université catholique de Louvain, B-1348 Louvain-la-Neuve, Belgium)

  • MICHEL, Philippe

    (Université Paris 1, Centre de Mathématiques Economiques, Paris, France)

Abstract

This paper extends the notion of Cournot-Walras equilibrium introduced by Codognato and Gabszewicz (1991) in a particular context (homogeneous oligopoly) to a general class of pure exchange economies. Some examples are considered, corresponding to oligopolistic structures analyzed in partial equilibrium . Finally, we discuss a possible extension of the concept to the case of a productive economy, and illustrate this discussion by means of an example embodying linear technologies.

Suggested Citation

  • GABSZEWICZ, Jean & MICHEL, Philippe, 1992. "Oligopoly equilibria in exchange economies," LIDAM Discussion Papers CORE 1992047, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvco:1992047
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