Do Followers Really Matter in Stackelberg Competition?
In this paper, we consider a T-stage linear model of Stackelberg oligopoly. First, we show geometrically and analytically that under the two conditions of linear market demand and identical constant marginal costs, the T-stage Stackelberg model reduces to a model where T oligopolies exploit residual...
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| Pubblicato in: | Lecturas de Economía |
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| Autori principali: | , , |
| Natura: | Artigo |
| Lingua: | Inglês |
| Pubblicazione: |
Universidad de Antioquia
2011
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| Soggetti: | |
| Accesso online: | https://www.redalyc.org/articulo.oa?id=155222750001 |
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