Abstract
A competitive model is attached to a particular market where several agents trade a same commodity. We focus on the stability of the price systems and define a solution concept, akin to the core, proving an existence result.
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The author wishes to thank the Editor and an anonymous referee for useful comments and remarks.
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Ferrara, M. A cooperative study of one-commodity market games. RISEC 53, 183–192 (2006). https://doi.org/10.1007/BF03029583
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DOI: https://doi.org/10.1007/BF03029583