Price makers and nonclearing markets

In a recent survey article, Benassy (1993) argues that fixprice theory holds the key to incorporating monopoly and monopolistic competition into general equilibrium theory. It is argued that the opposite is true. Fixprice theory is an impediment to incorporating monopoly into general equilibrium the...

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Bibliographische Detailangaben

Veröffentlicht in:	Atlantic economic journal 1996-03, Vol.24 (1), p.19-32
1. Verfasser:	Morrison, Clarence C
Format:	Artikel
Sprache:	eng
Schlagworte:	Economic models Economic theory Equilibrium Equilibrium (Economics) Monopolies Monopolistic competition Price fixing Studies
Online-Zugang:	Volltext
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