Monopolistically competitive equilibria with differentiated commodities

An existence theorem of monopolistically competitive equilibrium of the economy in which commodities are subject to differentiation will be proved. We start with the existence theorem of Negishi (1961) and extend it to the commodity space of measures on a compact metric space. In so doing, we have to handle the price normalization carefully.

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Year of publication:	2000-07-14
Authors:	Suzuki, Takashi
Published in:	Economic Theory. - Springer. - Vol. 16.2000, 2, p. 259-275
Publisher:	Springer

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Extent:	application/pdf
Type of publication:	Article
Notes:	Received: December 2, 1996; revised version: May 6, 1999
Classification:	D43 - Oligopoly and Other Forms of Market Imperfection ; L13 - Oligopoly and Other Imperfect Markets
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005370682