Entry and equilibrium under adjustment costs

DOI10.1016/0022-0531(80)90017-4zbMath0452.90011OpenAlexW2156389963MaRDI QIDQ1148776

Stephen F. LeRoy

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)90017-4

zbMATH Keywords

nonstandard analysissteady-state equilibriaexistence of competitive equilibriamarket entryLucas's adjustment cost model

Mathematics Subject Classification ID

General equilibrium theory (91B50) Nonstandard models in mathematics (03H05)

Cites Work

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• Production and investment under costs of adjustment a survey
• Markets with a Continuum of Traders
• Existence of Competitive Equilibria in Markets with a Continuum of Traders
• Adjustment Costs in the Theory of Investment of the Firm

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