Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/72318 
Autor:innen: 
Erscheinungsjahr: 
2002
Schriftenreihe/Nr.: 
Centre for Economic Research Working Paper Series No. WP02/22
Verlag: 
University College Dublin, Department of Economics, Dublin
Zusammenfassung: 
I review previous approaches to modelling oligopoly in general equilibrium, and propose a new view which in principle overcomes their deficiencies: modelling firms as large in their own market but small in the economy as a whole. Implementing this approach requires a tractable specification of preferences. Dixit-Stiglitz preferences (which imply iso-elastic perceived demand functions) could be used, but continuum-quadratic preferences (which imply linear perceived demand functions) are more convenient. To illustrate their usefulness, I construct a simple closed-economy model of oligopoly in general equilibrium and derive some surprising implications for competition policy.
Schlagwörter: 
competition policy
Dixit-Stiglitz preferences
general equilibrium
GOLE (General Oligopolistic Equilibrium)
oligopoly
JEL: 
D50
L13
L40
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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