Atomic Leontievian Walrasian traders are always Cournotian

C-Tier
Journal: Economics Letters
Year: 2021
Volume: 207
Issue: C

Authors (3)

Busetto, Francesca (not in RePEc) Codognato, Giulio (not in RePEc) Julien, Ludovic (Université Paris-Nanterre (Par...)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

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

Abstract

We consider a bilateral oligopoly version of the Shapley window model with large traders, represented as atoms, and small traders, represented by an atomless part. For this model, we show that, when atoms have Leontievian utility functions, any Walras allocation is a Cournot–Nash allocation. This result, together with the main theorem proved in Busetto et al. (2020), implies the equivalence between the set of Cournot–Nash allocations and the set of Walras allocations.

Technical Details

RePEc Handle
repec:eee:ecolet:v:207:y:2021:i:c:s0165176521003207
Journal Field
General
Author Count
3
Added to Database
2026-01-25