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 quantitites 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:	1997
Authors:	d'Aspremont, C ; Santos Ferreira, R-D ; Gerard-Varet, L-A
Institutions:	Association of Southern European Economic Theorists - ASSET
Subject:	GENERAL EQUILIBRIUM \| COMPETITION

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Series:	ASSET - Instituto De Economia Publica.
Type of publication:	Book / Working Paper
Notes:	6 pages
Classification:	D43 - Oligopoly and Other Forms of Market Imperfection ; D50 - General Equilibrium and Disequilibrium. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005609608