Crettez, Bertrand; Fagart, Marie-Cécile - Centre de Recherche en Économie et Statistique … - 2005
We consider a general equilibrium model under imperfect competition. Firms have constantreturns, they are price taker in the input market and compete à la Cournot in theproduct market. We assume a representative consumer exists. We show that an increase inthe number of firms of a given market...