An example is given of a sequence of labor managed economies with decreasing efficiency sizes for which a free entry Cournot equilibrium fails to exist.
MLA
Laffont, J. J., and M. Moreaux. “The Nonexistence of a Free Entry Cournot Equilibrium in Labor-Managed Economies.” Econometrica, vol. 51, .no 2, Econometric Society, 1983, pp. 455-462, https://www.jstor.org/stable/1912000
Chicago
Laffont, J. J., and M. Moreaux. “The Nonexistence of a Free Entry Cournot Equilibrium in Labor-Managed Economies.” Econometrica, 51, .no 2, (Econometric Society: 1983), 455-462. https://www.jstor.org/stable/1912000
APA
Laffont, J. J., & Moreaux, M. (1983). The Nonexistence of a Free Entry Cournot Equilibrium in Labor-Managed Economies. Econometrica, 51(2), 455-462. https://www.jstor.org/stable/1912000
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