Cournot duopoly with two production periods (Q1092777): Difference between revisions
From MaRDI portal
Set profile property. |
Set OpenAlex properties. |
||
| Property / full work available at URL | |||
| Property / full work available at URL: https://doi.org/10.1016/0022-0531(87)90109-8 / rank | |||
Normal rank | |||
| Property / OpenAlex ID | |||
| Property / OpenAlex ID: W1994006552 / rank | |||
Normal rank | |||
Revision as of 01:38, 20 March 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Cournot duopoly with two production periods |
scientific article |
Statements
Cournot duopoly with two production periods (English)
0 references
1987
0 references
A duopoly model is considered where production is chosen in two periods before it is taken to the market so that the resulting game has two stages. It is shown that the subgame perfect equilibria are those corresponding to worst Stackelberg outcomes.
0 references
duopoly
0 references
two stages
0 references
subgame perfect equilibria
0 references
worst Stackelberg outcomes
0 references
