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GENERAL EQUILIBRIUM THEORY WITH IMPERFECT COMPETITION 1
Author(s) -
Bonanno Giacomo
Publication year - 1990
Publication title -
journal of economic surveys
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.657
H-Index - 92
eISSN - 1467-6419
pISSN - 0950-0804
DOI - 10.1111/j.1467-6419.1990.tb00091.x
Subject(s) - economics , mathematical economics , cournot competition , imperfect competition , nash equilibrium , profit (economics) , imperfect , microeconomics , neoclassical economics , linguistics , philosophy
. This survey is organized as follows. I. Introduction. II. The main issues. III. Negishi's model. IV. Objective demand in the Cournot‐Nash framework. V. Objective demand in the Bertrand‐Nash framework. VI. The assumption of quasi‐concavity of the profit functions. VII. Compromises between the conjectural and the objective approach. VIII. Insights into the notion of perfect competition. IX. Conclusion.