Monopolistically competitive equilibria with differentiated commodities |
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| Authors: | Takashi Suzuki |
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| Institution: | (1) Department of Economics, Meiji-Gakuin University, 1-2-37 Shiroganedai, Minato-ku, Tokyo, 108, JAPAN (e-mail: takashi@eco.meijigakuin.ac.jp), and C.O.R.E, 34 Voie du Roman Pays, 1348 Louvain la Neuve, BELGIUM , BE |
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| Abstract: | Summary. An existence theorem of monopolistically competitive equilibrium of the economy in which commodities are subject to differentiation
will be proved. We start with the existence theorem of Negishi (1961) and extend it to the commodity space of measures on
a compact metric space. In so doing, we have to handle the price normalization carefully.
Received: December 2, 1996; revised version: May 6, 1999 |
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| Keywords: | : Monopolistic competition Commodit differentiation Infinite dimensional space |
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