DEHEZ, Pïerre; DREZE, Jacques H.; SUZUKI, Takashi - Institut de Recherche Économique et Sociale (IRES), … - 2002
The paper studies equilibria for economies with imperfect competition and non-convex technologies. Following Negishi, firms maximise profits under downward-sloping perceived demand functions. Negishi’s assumptions, in particular the assumption of a single monopolistic competitor in each...