A General Theory of Endogenous Market Structures

Preprint OPEN
Federico Etro ; Paolo Bertoletti (2014)
  • Subject: Monopolistic Competition, Imperfect Competition, Elasticity of Substitution, Free Entry
    • jel: jel:D11 | jel:D43 | jel:J31 | jel:L11 | jel:J24 | jel:I24
    arxiv: Computer Science::Computer Science and Game Theory

We provide a unified approach to imperfect (monopolistic, Bertrand and Cournot) competition equilibria with demand functions derived from symmetric preferences over a large but finite number of goods. The equilibrium markups depend on the Morishima Elasticity of Substit... View more
  • References (37)
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