The Inefficiency of Arbitrage in an Equilibrium-Search Model

DOI10.2307/2297831zbMath0725.90012OpenAlexW2050412329MaRDI QIDQ5202795

Seamus D. Hogan

Publication date: 1991

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2297831

zbMATH Keywords

consumer welfaremonopoly powerentry of additional firmsequilibrium-search model

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) General equilibrium theory (91B50)

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