Cournot-Walras Equilibria in Markets with a Continuum of Traders.

B-Tier

Journal: Economic Theory

Year: 1993

Volume: 3

Issue: 3

Pages: 453-64

Authors (2)

Codognato, Giulio (not in RePEc) Gabszewicz, Jean J (Université Catholique de Louva...)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

View on IDEAS/RePEc

Abstract

In a model with a nonatomic continuum of traders some of which behave strategically while the others remain price-takers, the set of Cournot-Walras equilibria coincides with the set of Walras equilibria. This property is no longer valid when the strategic agents are represented by atoms.

Cournot-Walras Equilibria in Markets with a Continuum of Traders.

Authors (2)

Abstract

Technical Details