Publikation: Cournot-Walras equilibrium without profit feedback
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2001
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Economics Bulletin. 2001, 4(9)
Zusammenfassung
In this note we consider a general equilibrium model with oligopolistic competition between firms who ignore the feedback effect of their dividend payments on demand. The outcome of this competition coincides with the perfectly competitive equilibrium solution, provided that firms have identical production technologies.
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330 Wirtschaft
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KAAS, Leo, 2001. Cournot-Walras equilibrium without profit feedback. In: Economics Bulletin. 2001, 4(9)BibTex
@article{Kaas2001Courn-12262, year={2001}, title={Cournot-Walras equilibrium without profit feedback}, number={9}, volume={4}, journal={Economics Bulletin}, author={Kaas, Leo} }
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