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COST‐PRICES WITH VARIABLE RETURNS (*)
Author(s) -
Corchon Luis C.
Publication year - 1988
Publication title -
metroeconomica
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.256
H-Index - 29
eISSN - 1467-999X
pISSN - 0026-1386
DOI - 10.1111/j.1467-999x.1988.tb00870.x
Subject(s) - returns to scale , economics , oligopoly , variable (mathematics) , microeconomics , order (exchange) , competition (biology) , constant (computer programming) , mathematical economics , scale (ratio) , econometrics , mathematics , production (economics) , computer science , cournot competition , finance , mathematical analysis , ecology , physics , quantum mechanics , programming language , biology
In this paper a model of oligopolistic competition is presented. Firms use a mark‐up in order to price but the model does not rely necessarily on the assumption of constant returns to scale. An existence theorem is proved for such an economy.