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• W1517115377 abstract "In this paper we seek to provide a resolution of the Edgeworth paradox for the case where firms are free to supply less than the quantity demanded, the residual demand function is manipulable (a generalization of the proportional one) and prices vary over a grid. We demonstrate that a unique equilibrium in pure strategies exist whenever the number of firms is suciently large. Interestingly, the equilibrium involves excess production." @default.
• W1517115377 created "2016-06-24" @default.
• W1517115377 creator A5019312893 @default.
• W1517115377 date "2004-05-01" @default.
• W1517115377 modified "2023-09-27" @default.
• W1517115377 title "Bertrand-Edgeworth Equilibrium: Manipulable Residual Demand" @default.
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