Atomic Leontievian Cournotian traders are always Walrasian

B-Tier
Journal: Games and Economic Behavior
Year: 2020
Volume: 122
Issue: C
Pages: 318-327

Authors (3)

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

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-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 Cournot-Nash allocation is a Walras allocation and, consequently, it is Pareto optimal.

Technical Details

RePEc Handle
repec:eee:gamebe:v:122:y:2020:i:c:p:318-327
Journal Field
Theory
Author Count
3
Added to Database
2026-01-25