Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 2002 erstellt
Description:
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 market, are relaxed. Existence of equilibria is obtained under otherwise standard assumptionsfor production sets defined in each firm as the union of a convex technology and a technology subject to fixed costs. In the light of a counterexample it is assumed that fixed factors are distinct from variable factors. Technically the proof rests on pricing rules