Cournot-Walras Equilibria in Markets with a Continuum of Traders.
In a model with a nonatomic continuum of traders some of which behave strategically while the others remain price-takers, the set of Cournot-Walras equilibria coincides with the set of Walras equilibria. This property is no longer valid when the strategic agents are represented by atoms.
Year of publication: |
1993
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Authors: | Codognato, Giulio ; Gabszewicz, Jean J |
Published in: |
Economic Theory. - Springer. - Vol. 3.1993, 3, p. 453-64
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Publisher: |
Springer |
Saved in:
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