Non-Manipulability in Walrasian Cost Games

In this paper, we propose a perfect competition test which checks whether arbitrarily small coalitions of firms, which behave strategically on costs, are able to manipulate prices in their own benefit. We apply this test to economies with a continuum of differentiated producers. We show that, under...

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Detalhes bibliográficos
Autor principal: Faias, Marta (author)
Outros Autores: Moreno-García, Emma (author), Páscoa, Mário Rui (author)
Formato: workingPaper
Idioma:eng
Publicado em: 2019
Assuntos:
Texto completo:http://hdl.handle.net/10362/89141
País:Portugal
Oai:oai:run.unl.pt:10362/89141