Academic Journals Database
Disseminating quality controlled scientific knowledge

Competitive markets with externalities

Author(s): Mitsunori Noguchi | William R. Zame

Journal: Theoretical Economics
ISSN 1555-7561

Volume: 1;
Issue: 2;
Start page: 143;
Date: 2006;
Original page

Keywords: Competitive equilibrium | externalities | distributional economies | D5

This paper presents a general model of a competitive market with consumption externalities, and establishes the existence of equilibrium in the model, under assumptions comparable to those in classical models. The model allows production and indivisible goods. Examples illustrate the generality and applicability of the results.
RPA Switzerland

RPA Switzerland

Robotic process automation


Tango Rapperswil
Tango Rapperswil