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GENERAL EQUILIBRIUM THEORY WITH IMPERFECT COMPETITION1
Authors:Giacomo Bonanno
Abstract:Abstract. This survey is organized as follows. I. Introduction. II. The main issues. III. Negishi's model. IV. Objective demand in the Cournot-Nash framework. V. Objective demand in the Bertrand-Nash framework. VI. The assumption of quasi-concavity of the profit functions. VII. Compromises between the conjectural and the objective approach. VIII. Insights into the notion of perfect competition. IX. Conclusion.
Keywords:general equilibrium theory  imperfect competition  conjectural demand  objective demand  Nash equilibrium
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