Showing 1 - 2 of 2
It is possible, in principle, that the price-quantity pair generated by a model of imperfect competition may satisfy the conditions (voluntary trading and absence of frictions) for a fixprice equilibrium. It is shown that imperfect competitors will typically satisfy voluntary trading provided...
Persistent link: https://www.econbiz.de/10005157165
Persistent link: https://www.econbiz.de/10005157302