On monopolistic equilibria with incomplete markets: the case of an exchange economy

被引：1

作者：

Stahn, H ^{[1
]}

机构：

[1] Univ Strasbourg 1, Bur Econ Theor & Appl, URA CNRS 1237, F-67070 Strasbourg, France

来源：

JOURNAL OF MATHEMATICAL ECONOMICS | 1998年 / 29卷 / 01期

关键词：

exchange economy; monopolistic competition; incomplete markets; real assets; objective demand curve;

D O I：

10.1016/S0304-4068(97)00012-8

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In this paper, I exhibit some conditions which ensure the generic existence of a monopolistic equilibrium with incomplete markets. Nash pricing behaviours on commodity markets are introduced in a two-period and S state exchange economy with real assets. Financial markets still work competitively. A monopolistic equilibrium with no arbitrage is introduced and the pricing strategies are constructed by means of an objective demand curve. Conditions ensuring its existence are given. (C) 1998 Elsevier Science S.A.

引用

页码：83 / 107

页数：25

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