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We show the existence of a pure strategy Cournot–Nash equilibrium for a model of noncooperative exchange where large traders, represented as atoms, and small traders, represented by an atomless part, are allowed to buy and sell all commodities.
|Glasgow Author(s) Enlighten ID:||Ghosal, Professor Sayantan|
|Authors:||Busetto, F., Codognato, G., and Ghosal, S.|
|College/School:||College of Social Sciences > Adam Smith Business School > Economics|
|Journal Name:||Games and Economic Behavior|
|Published Online:||03 July 2010|