Perfect competition and optimal product differentiation
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Publication:1140523
DOI10.1016/0022-0531(80)90044-7zbMath0435.90026OpenAlexW2046362908MaRDI QIDQ1140523
Publication date: 1980
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/0022-0531(80)90044-7
competitive economysufficient optimality conditionsperfect competitionoptimal market equilibriumoptimal product differentiationsuboptimal market equilibrium
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Cournot competition in a differentiated oligopoly ⋮ Efficient non-contractible investments in large economies. ⋮ Fixed price and quality signals ⋮ Symmetric equilibrium existence and optimality in differentiated product markets ⋮ Optimism and firm formation ⋮ Perfect competition, the profit criterion, and the organization of economic activity ⋮ On the presence and absence of free entry in oligopoly equilibria ⋮ The efficiency of monopolistically competitive equilibria in large economies: Commodity differentiation with Gross substitutes ⋮ Walrasian equilibria as limits of noncooperative equilibria. I: Mixed strategies
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