Equilibrium with Quantity Targets
Résumé
The purpose of this paper is to study a new concept of equilibrium, called equilibrium with quantity targets, in an economy with increasing returns to scale. This concept is introduced by [5.]). We extend this definition to the case of a general production model and we provide an existence theorem. Furthermore we state an existence result in the particular model considered by Dierker and Neuefeind which improves their result.