Abstract

The oligoemporistic competition model developed in this paper describes a market situation where market power is exercised by a subset of traders on both sides of the market. It is shown that countervailing power will merely assure that the price level will coincide with the competitive one, but that the allocation of resources can always be improved upon by decreased concentration on either side of the market. La concurrence oligo-emporistique et l'hypothese du pouvoir compensateur. Le modele de concurrence oligo-emporistique developpe dans ce memoire decrit une situation ofu le pouvoir est exerce sur le marche par un sous-groupe de demandeurs et d'offreurs. On montre que le pouvoir compensateur va simplement faire en sorte que le niveau de prix coincide avec le niveau de prix de concurrence, mais qu'on peut toujours ameliorer l'allocation des ressources en reduisant le degre de concentration du cote de l'offre ou de

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