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AA00260492-19940002-0057.pdf
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Download
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| Title |
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MONOPOLY AND GENERAL EQUILIBRIUM: AN EXTENSION
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D'AGATA, Antonio
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Universita di Catania, Istituto di Scienze Economiche, Facolta di Scienze Politiche
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Keio Economic Society, Keio University
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1994
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Keio economic studies
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31
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2
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1994
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| Start page |
57
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62
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| Abstract |
The paper shows the existence of a monopolistic equilibrium in a general equilibrium model under conditions which are weaker than the usual ones adopted by the literature. More specifically, no convexity assumption of preferences of households and of production sets of firms is adopted; moreover, the assumption of possibility of inaction for the monopolist is also dropped.
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