• Media type: E-Book
  • Title: Imperfect Competition a La Negishi Also with Fixed Costs
  • Contributor: Dehez, Pierre [Author]; Dreze, Jacques H. [Author]; Suzuki, Takashi [Author]
  • Published: [S.l.]: SSRN, 2015
  • Extent: 1 Online-Ressource (32 p)
  • Language: English
  • DOI: 10.2139/ssrn.420420
  • Identifier:
  • Origination:
  • 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
  • Access State: Open Access