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 This property is no longer valid when the strategic agents are represented by atoms.

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Year of publication:	1993
Authors:	Codognato, Giulio ; Gabszewicz, Jean J
Published in:	Economic Theory. - Springer. - Vol. 3.1993, 3, p. 453-64
Publisher:	Springer

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005753454