COURNOT-WALRAS AND COURNOT EQUILIBRIA IN MIXED MARKETS - A COMPARISON

被引:6
|
作者
CODOGNATO, G [1 ]
机构
[1] UNIV UDINE,I-33100 UDINE,ITALY
关键词
D O I
10.1007/BF01215210
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this paper, we show that, in markets with a continuum of traders and atoms, the set of Cournot-Walras equilibria and the set of Cournot equilibria may be disjoint. We show also that, when the preferences of the traders are represented by Cobb-Douglas utility functions, the set of Cournot-Walras equilibria and the set of Cournot equilibria have a nonempty intersection.
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页码:361 / 370
页数:10
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