Noncooperative oligopoly in markets with a continuum of traders

被引:13
|
作者
Busetto, Francesca [1 ]
Codognato, Giulio [1 ]
Ghosal, Sayantan [2 ]
机构
[1] Univ Udine, Dipartimento Sci Econ, I-33100 Udine, Italy
[2] Univ Warwick, Dept Econ, Coventry CV4 7AL, W Midlands, England
关键词
Noncooperative oligopoly; Markets; Continuum of traders; Atoms; Atomless part; NON-COOPERATIVE EQUILIBRIA; CONSISTENT PRICES; TRADING ECONOMY; COMPETITION; EXCHANGE; COURNOT; GAME;
D O I
10.1016/j.geb.2010.06.009
中图分类号
F [经济];
学科分类号
02 ;
摘要
We show the existence of a pure strategy Cournot-Nash equilibrium for a model of noncooperative exchange where large traders, represented as atoms, and small traders, represented by an atomless part, are allowed to buy and sell all commodities. (C) 2010 Elsevier Inc. All rights reserved.
引用
收藏
页码:38 / 45
页数:8
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