Reaching Cournot-Walras Equilibrium

Considered here is repeated interaction among economic agents. These must share privately held user rights to diverse production factors. The disparate features of the resulting economy motivate a solution concept which blends Cournot/Nash equilibrium with that of Walras. A novelty comes by showing...

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Bibliographic Details
Main Authors: Flåm S. D., Gramstad K.
Format: Article
Language:English
Published: EDP Sciences 2017-01-01
Series:ESAIM: Proceedings and Surveys
Online Access:https://doi.org/10.1051/proc/201657012

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