Game theory has long served as a cornerstone in understanding competitive strategies in markets where few firms operate. In particular, duopoly and oligopoly frameworks illustrate how firms’ strategic ...
Elisabetta Ottoz, University of Turin - Department of Economics and Franco Cugno, University of Turin - Department of Economics discuss The Independent Invention Defence in a Cournot Duopoly Model.
In his book Marktform und Gleichgewicht, published initially in 1934, Heinrich von Stackelberg presented his groundbreaking leadership model of sequential competition. In a work of great originality ...
https://doi.org/10.2307/1183212 • https://www.jstor.org/stable/1183212 Copy URL The author presents a simple technique for teaching the Cournot model to first-year ...
In a two-stage Cournot oligopoly where a subset of firms first make a choice between two alternative production technologies independently and then all firms compete in quantity, the effect of ...